This whole lets wait ordspråk

This whole lets wait and see what tomorrow brings, corn prices could be $0.30 per bushel lower. We are telling farmers to take a look at these current offerings in the market.

I pay $2.95 per bushel of corn now. If I bought the corn from farmers in Middle and West Tennessee, it would cost $1.93 to $2.13 per bushel. By the time I add shipping charges, it would cost $2.95 a bushel. I am paying local farmers the difference in the transportation cost to help keep them in business.

Ronald Dawson (1902-)

Farmers that can store and dry their own corn have forward priced corn at $2.90 per bushel.

That puts a spotlight on how thin margins are for farmers. Input costs keep increasing, especially for fuel and natural gas. Yet we have sub $2 (per bushel) corn prices. The $2 billion may be a daunting number, but it shows the farm program works in years of depressed farm prices. That's how it's designed to work.

Higher corn prices may still bid some additional acres into corn, as most farmers in the Midwest have not started planting.

Our stoves use approximately 1 bushel of corn per day. A bushel weighs 56 pounds.

John Mills (1908-)

As far as corn is concerned, bird flu concerns as of yet have not translated into lower export business, and that's the key for the corn market.

The market is overstocked and it is not feasible to take prices lower with the current exchange rate, so we have to reduce production to try to bring the market back to balance.

Feeder-calf prices could hold in the mid-$90s at the lows if exports are back to 2.5 billion lbs. — and corn prices remain in check. If exports fail to grow, prices will trend lower.

The June Grain Stocks report will provide the next opportunity to calculate the rate of domestic corn use. Whether or not these projections are changed in the upcoming report, the market appears to anticipate an eventual increase. Stocks of corn at the end of the current marketing year may be 100 to 125 million bushels less than the current forecast of 2.3 billion bushels.

Everywhere I've gone in Colorado, the farmers are telling me they're about ready to go into bankruptcy because they can't borrow any more money, ... The money they're having to spend on fuel prices I think is going to put a number of our farmers over the brink.

If people are comparing sticker prices, lower prices will certainly make their cars more attractive. What really brings success to brands is good product. Playing with pricing alone isn't going to enable them to recover their market share. But I do believe a lot of their cars are overpriced and they needed an adjustment.

Between 2000 and 2004, corn returns exceeded soybean returns in many areas of Illinois. Budgets suggest that recent cost increases have narrowed the gap between corn and soybean returns. Higher corn yields will be required in 2006 as compared to recent years for projected corn returns to exceed soybean returns. From a returns perspective, farmers may wish to plant soybeans on farmland that could be corn-after-corn in 2006.

It brings sometimes higher prices, sometimes lower prices. It takes away that egalitarian, lowest common denominator for prices.

The longer the oil prices stay at this level, the more of a weight it puts on the market. That said, unemployment claims reflect the current strength of the economy. But the perception is that the current strength cannot be sustained with oil prices at these levels. As a result, the market is having a hard time making much progress to the upside.

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