McLean County Farm Bureau

Several western Corn Belt states came up short

“Our fiscal year started in September, so pretty much it’s been all new-crop. This is the most we’ve ever done. We’ve loaded 18 trains so far.”

— Scott Sims, Western Grain Marketing

 

Several western Corn Belt states came up short of their corn expectations, leaving many end users scrambling to find adequate supplies. Scott Sims of Western Grain Marketing says he’s shipping mostly new-crop corn domestically. “We’ve even shipped some to western Kansas this year. This is the first time we’ve ever done that because their crop has been short enough,” he said. “And probably there’s only been three or four that have gone to Mexico this year.” Sims discusses the corn market, domestic demand and more in this week’s Profit Watch. READ MORE

 

 

PLUS: Listen: Joe Camp at Commstock Investments recaps Wednesday’s markets. LISTEN HERE