What is the corn price today?
How much does a ton of feed corn cost?
Information on these items are available from monthly issues of the Focus on Feedlots newsletter. Figure 1 illustrates feeding cost of gain from January 2009 to May 2019. In May 2019, corn and alfalfa inventory prices were $3.91 per bushel and $184 per ton, respectively.
How much is corn worth a bushel?
The current price of corn as of September 06, 2021 is $5.2400 per bushel.
What was the highest price of corn?
Corn prices were at $3.79/bu. in January 2020, up 23 cents from the year before. January corn prices were up 50 cents since 2018. The highest monthly corn price in January on record was at $6.96/bu.
What is the highest corn price ever?
Historically, Corn reached an all time high of 843.75 in August of 2012.
How much is a bushel of corn in 2021?
Chicago corn futures last week were trading from about $5.20 to $5.75 per bushel, up 60% to 70% from a year earlier, with the December 2021 contract near $5.65 per bushel.
Why is corn so expensive?
Corn prices rise on tightening supplies
D., AgriLife Extension grain economist, Bryan-College Station, said the market is highly speculative at this point due to a range of factors that boil down to tight supplies and high demand currently and uncertainty about domestic and foreign production this growing season.
Why is corn so high right now?
The most reasonable reason for the rally is due to lack of supply. The rising implication is that the crops in recent years have been overestimated. As end users search for supplies, they are challenged to find it readily available. Let’s circle back to 2019, during late May and early June.
How many bags is a ton of maize?
A tonne is 1000 kg. Therefore there would be 20 50 kg bags to a tonne, as 20 x 50 = 1000.
How many kg is a bag of maize?
White Maize Corn, Packaging: 50 kg/bag.
How much money does a farmer make per acre of corn?
Corn in 2019
For 2019, crop revenue for corn is projected at $738 per acre based on a 208 bushel per acre yield and a $3.55 per bushel price.
How much does it cost to plant 1 acre of corn?
In the corn divisions, depending upon year, the average maximum and minimum cost per acre is $215 to $260 in the cash grain division, and $187 to $234 in the dairy and livestock division (Table 1).
What will corn prices do in 2021?
The USDA forecast the average price of corn paid to farmers in 2021-22 (beginning Sept. 1, 2021) at $5.70 per bu, up 31% from $4.35 as the current year forecast and up 60% from $3.56 in 2019-20. … 1, 2021), up 23% from this year and up 62% from 2019-20.