The House on Wednesday, April 13, on a 218-203 vote passed the Nationwide Consumer and Fuel Retailer Choice Act, which would allow sales of fuels blended with 15% ethanol.
Allison Thompson of The Money Farm says corn could have gone lower in recent weeks but hasn't. Things like weather, fertilizer movement and global stocks are providing signs of life for the market.
Corn and corn markets haven't gained many headlines lately, Allison Thompson of The Money Farm points out. Yet steady demand and declining world stocks mean producers should prepare for a change.
A combination of precision fertilizer application, better water management, advances in genetics, seed treatments, and precision planting has provided opportunities for corn and soybeans to flourish.
