The Market Is Beginning to Show its Hand

The Market Is Beginning to Show its Hand

 

Organic corn prices for the Q4 are slipping lower but continue to see a large bid/offer spread with farmers still looking for $9.50 to $9.75 per bushel and consumers looking to pay $9 to $9.25 for corn picked up at the farm in the mid-west. If the harvest is as plentiful as expected, bins will fill up quickly and prices will likely remain stable near the $9.00 level for Q4 and Q1 of 2018. The Q2 and Q3 of 2019 are more of a question. Imports are also an issue as they…

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