US Corn Prices Drop - Will Corn Creep Back into Feed Rations?

ANALYSIS - Matt Roberts, agricultural economist at The Ohio State University, said corn prices could drop another 40 cents to 50 cents going into the fall and with lower grain prices, he questions when livestock producers will start adding corn back into their feed ration, reports Sarah Mikesell.
calendar icon 14 July 2014
clock icon 2 minute read

Roberts said the current corn crop has set the foundation for average yields to bust through the current record - he believes they could go as high as 174-175 bushels per acre.

The previous record corn yield of 164.7 bushels per acre was set in 2009.

Roberts says the 2014 average corn yield has the potential to push a new record higher by a significant margin.

Roberts spoke at the Wyffels Hybrids Corn Strategies meeting last week in Knoxville, Illinois, USA.

Additional speakers included Dr. David Kohl, Professor Emeritus, Virginia Tech University; Roger Bernard, Agriculture and Trade Policy Analyst, Informa Economics; and John Block, former US Secretary of Agriculture, spoke at the evening event prior to the conference.

Click below to see more feed and policy coverage from the Corn Strategies conference.

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Sarah Mikesell

Editor

Sarah Mikesell grew up on a five-generation family farming operation in Ohio, USA, where her family still farms. She feels extraordinarily lucky to get to do what she loves - write about livestock and crop agriculture. You can find her on Twitter or LinkedIn.

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