Corn market affected by many factors – Voice Of Muscatine

Corn market affected by many factors

A market advisor says corn prices are being influenced by several things.

John Heinberg with Total Farm Marketing tells Brownfield corn has been under a lot of pressure since harvest with depressed prices and a lot of bushels to work through. “A lot of guys didn’t have room for it, so again, that’s those bushels we’re trying to find some homes for right now, and that’s what’s weighing on the marketplace.”

Heinberg says he’s now watching the demand side of the market equation.

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