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Tag Archives: economics

Economic Outlook: 2021 Corn Market Forecast

texas corn harvest

At the University of Georgia’s Ag Forecast, Extension economist Amanda Smith offered the peanut, corn and soybean update. The following is what she says about the corn market. “The United States planted 90.8 million acres in 2020 and is projected to have harvested 82.5 million acres, which is slightly more than what was planted and harvested in 2019. The U.S. ... Read More »

Corn Stocks Less Than Expected

grain storage

Mark Welch, Texas A&M AgriLife Extension economist, College Station, says the U.S. Department of Agriculture’s recently released report shows national corn supplies carried over from 2018 were lower than expected. The U.S. typically carries 15-20 percent of the national crop into the next growing season. The report estimated the U.S. corn stock was at 12 percent, Welch says. “The carryover ... Read More »