Market reverts back to basics

Market reverts back to basics

At times, we tend to forget what the basic function of the futures market is: price discovery. While several fundamental and technical factors can drive the market on a day-to-day basis, ultimately this task is determined by supply and demand.

The current balance sheet on corn is fragile, but not at a stage where panic buying has taken place. The current carryout estimate for the 2019-20 marketing year in corn is 2.01 billion...

Members Only Content

Join Iowa Farm Bureau or login to view all members only content and receive other member benefits.