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  1. 1 day ago · The survey-based forecast from producers in the USDA National Agricultural Statistics Service’s (NASS) Prospective Plantings report indicates for corn planted acreage to be 90 million acres, down 4.6 million acres from 2023-24. Corn-harvested acreage is projected at 82.1 million acres, based on historical abandonment and use for silage. The U ...

  2. 3 days ago · The first piece of the corn puzzle is mid-May planting progress. USDA reported 49% of corn planted nationwide by May 12, with 70% completed May 19. On a prorated basis, this means 58% was in by May 15, a key variable in the production forecasting model created by USDA that some traders follow.

  3. 4 days ago · For corn planted on 30-inch rows, count the number of corn plants in one-thousandth of an acre (17 feet 5 inches of row). Multiply by 1,000 to estimate plants per acre. Repeat in multiple areas to figure out the average.

  4. 4 days ago · Contribution margins were also very tight this year as the economic outlook wasn’t favorable. Producers that year had just $239 per acre in contribution margins budgeted for corn, compared to $437 for 2022. Figure 4. Corn and Soybean Contribution Margins, Spring Crop Insurance Prices, and Purdue Budgeted Expenses, 2007-22. Wrapping it up

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  6. 2 days ago · Despite corn’s popularity on the dinner table, approximately 55-60% of the U.S. corn crop is actually used for livestock feed, 10-20% is exported, human food use accounts for 8-10%, and between 35 to 40% of the U.S. crop is used to produce ethanol.

  7. 4 days ago · Corn (Zea mays) growing in the Kemper Center. Photo by Sundos Schneider/ Missouri Botanical Garden. Simply harvest the pollen from the tassels at the top of the corn stalk into a paper bag or snip a few of the tassel branches off and sprinkle the pollen on the silks emerging from the ears. This is best done in the morning before the wind picks up.

  8. 2 days ago · The Contract. Each Corn futures contract represents 5,000 bushels of corn, with a minimum price fluctuation of ¼ of one cent per bushel, or $12.50 per contract. The contract trades Sunday-Friday from 7 p.m. to 7:45 a.m. Central Time (CT) and Monday-Friday from 8:30 a.m. to 1:20 p.m. CT.

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