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Extension economist Ben Brown expects a slight early-2025 rally in corn futures, citing strong feed use, record weekly ethanol output, robust exports and potential South American weather problems. The U.S. has its largest corn supply on record, but Brown sees demand as the main driver.
Strong feed, ethanol and export demand supports corn prices despite record supplies, and expected price strength could encourage more corn planting, affecting future feed grain availability.
farmprogress.comMindy WardJan 2, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
