Daily Corn Price Tracker with Vanessa Clark
https://www.instagram.com/vanessaclarkipai This is your Corn podcast. You are listening to the Daily Corn Price Tracker. I am Vanessa Clark, and today we are talking about the latest corn price action and what it means for your marketing decisions. According to the United States Department of Agriculture Minneapolis Daily Grain Report, the Chicago Board of Trade July twenty twenty six corn futures closed yesterday at four dollars and thirteen and three quarter cents per bushel. The September twenty twenty six contract settled around four dollars and twenty two and a half cents, and December twenty twenty six corn closed near four dollars and forty two and a half cents per bushel. Farm Progress also shows nearby July corn trading just above four dollars and thirteen cents, with new crop contracts carrying a modest premium. So what does that mean for you if you are watching daily corn prices? First, we are still firmly in a four dollar range on the board, which keeps margin pressure on many producers. Second, that small carry from July to December tells you the market is not paying a big incentive to store grain long term. If you have old crop corn in the bin, this is a good time to review your cash bids, local basis levels, and storage costs. Here is a simple actionable checklist for today. One, call or check online bids from at least two local elevators or ethanol plants and compare basis to the board futures price. Two, if your on farm storage is tight, consider scaling out sales in small increments instead of waiting for a big rally. Three, write down a target price for both old crop and new crop corn so you are ready to act when the market hits your numbers. That is it for today on the Daily Corn Price Tracker with Vanessa Clark. Thanks for listening, be sure to subscribe, and tune in next time for your latest corn market update and daily corn price analysis. For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r
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