Corn prices head higher where next?

Corn chart march 7th 2014

Corn higher on demand, and unrest in the Ukraine.  With Ukraine as a world supplier of grains concerns mounted on if their ports will be able to operate as normal with political unrest mounting.

 

I have used this rally to price more corn in storage for delivery.  I have very little corn priced that I will be planting this spring.  As in my last post winter is not letting go of its grasp and snow is falling now.  Will there be another rally with late plantings?  Frost is 4-5 feet deep and much snow to melt so when will tractors run?

I was looking up historical data and it seems our late planting years are more closely tied to excess rainfall in late April and May than cold winters.

Will the drought intensify from California into the Midwest?

These are just a few of the problems the farmers are working with.  We pray for God's blessings on a continued basis.  Without him we would not be able to feed the world.

                                                                            Serving together,  Dean