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Boone Co. Iowa | I think the corn demand is just huge. 2025 corn acres and yield just showed that the farmer can produce a lot of corn. Maybe oil gets up to $80-100 a barrel and ethanol demand grows even more.
I think corn market is responding in Dec. 2026 contract. IF we have a wet spring and don’t get corn planted timely, which I think we have the past 2-3 years, we could see a decent rise in corn prices going forward the next 18-36 months.
But, we get great planting weather, we will probabaly get an extra million acres of corn and need a July weather scare to make corn really a whole lot from here.
I waited in 2025 for April May June July rally that never broke the spring insurance price. Waited and dumped corn in the bin at August lows. Vowed not to get caught doing that again, have a 2026 December corn accumulator contract that is basically at $5.00. Did that in late December I think. But small bushels.
Anyway I am around 15% sold on new crop corn and plan on taking small nickel and dime increments for a while.
Charts look extremely strong imo, especially wheat. Feels to me like funds are gonna play in grains in the summer of 2026.
Currently it looks like a gift I agree. I might sell a small increment of new and old crop corn through April and then take hard look at how weather and planting is going on April 10. If it is beautiful and planters are rolling everywhere I think I want to quickly get sold up to insured bushels, or maybe 80% of insured bushels. Have last 20% to see what my crops and prices look like June 10-15.
My thinking today anyway.
Got placed orders to take cookies if and when market reacts to news events. | |
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