Corn prices

[Dr. Evil]

If farmers are struggling so badly from low corn prices, why are bags of corn still going for $7-8? Sounds like price gouging.

[sbushee]

Matters not. We will buy it regardless

[Dushon]

Corn closed at $3.66/bushel today.


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[dustoffer]

Corn closed at $3.66/bushel today.


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Bushel of corn weighs 56 lbs, so at $3.66 per, that is $.0654/lb or $3.27 for 50 lbs. The difference is the profit for those sellers in the supply chain.

I haven't checked the price at local elevators lately, but might just have to do that and if it is worth it, start buying in bulk again by filling my 96-gal trash can and hauling to the ranch to fill via buckets. Last time I did this I was saving about a buck per 50-lb sack over retail outlet prices. And at my age, it is easier to carry 5-gal buckets than 50 lb bags.

[mikemorvan]

Sellers will sell for what the market will bear. Pure and simple.

[Dushon]

Bushel of corn weighs 56 lbs, so at $3.66 per, that is $.0654/lb or $3.27 for 50 lbs. The difference is the profit for those sellers in the supply chain.



I haven't checked the price at local elevators lately, but might just have to do that and if it is worth it, start buying in bulk again by filling my 96-gal trash can and hauling to the ranch to fill via buckets. Last time I did this I was saving about a buck per 50-lb sack over retail outlet prices. And at my age, it is easier to carry 5-gal buckets than 50 lb bags.

I bought from the elevators at $197/ton in the spring.


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[Pthomas]

And packaging, cleaning and a lot of the corn being grown now is not feed grade corn it is fuel grade thanks to you ex president

[Drycreek3189]

Only elevators around here are in office buildings. Can’t buy cotton seed either. You can buy a spotlight at the Dairy Queen though.......

[Rotney]

The apple flavoring adds to the cost

[buzzbait]

I payed $70 a 1000 last year. Haven’t checked with my source yet this year.

[Texans42]

Pretty simple you are currently buying last years corn(probably bought a year ago)and that supply is shrinking. This year yield forecast are predicting high yield. Current price is for those wanting to contract(99%) or sell today

[Buckwheat]

Matters not. We will buy it regardless

Bingo!!!


“There's more fun in hunting with the handicap of the bow than there is in hunting with the sureness of the gun.” -Fred Bear-

[gingib]

I am paying $6 per 50 this weekend. Not as low as years past

[Bayouboy]

And packaging, cleaning and a lot of the corn being grown now is not feed grade corn it is fuel grade thanks to you ex president

Ex president (s)

[Radar]

It will get higher in price by December