Corn

I live in Ohio, about thirty miles east of the Indiana border.  One time in my life I raised corn a.k.a. ‘field corn’ and ‘ear corn.’

I find this story in the Monitor interesting because it goes against the visual evidence in western Ohio.

Here, virtually all of the corn has a deep green color and is shoulder height, at least.  The weather would have to extremely hot and dry for the next three weeks to keep this year’s corn from being near a record on bushels per acre.

However, a little research shows that the CSM story may not be accurate.  Corn futures, that is the price a farmer can contract for future delivery has slipped below $5.00 a bushel.  The price for October 2013 delivery is $4.91 and for December delivery the same at $4.91.

This is not a good price.  Thirty years ago, we were getting $3.30 a bushel and the price of everything has gone up considerably.

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Tags: corn futures

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