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A Reuters column by Braun discusses the U.S. farmer's choice between corn and soybeans. It notes U.S. corn prices have reached record levels since the start of the year and that strong ethanol demand could meaningfully reduce the swollen domestic corn inventory.
Firm ethanol demand that cuts into large stocks supports corn prices and shifts planting incentives between corn and soybeans, which feeds directly into feed grain costs.
reuters.comKaren BraunMar 22, 2018Not 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.
