What is the corn price?
The current price of corn as of June 30, 2022 is $6.8525 per bushel.
Where are corn prices headed?
Significant changes in prices going into fall are possible. History suggests that there is a 5% chance that cash prices for corn in October will be below $4.60 per bushel. There is a 5% chance of cash prices below $10.56 per bushel for soybeans. Conversely, there also is a chance of higher prices.
What does CME Group mean?
Chicago Mercantile Exchange
CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company.
How much profit is in an acre of corn?
For 2020, the projected corn yield is 228 bushels per acre, the corn price is $4.25 per bushel, resulting in $969 per acre in crop revenue.
What time of the year is it best to buy cattle?
If you are buying bred cows, the period from about May 15 to August 1 might be a good time, although the volume of sales is typically low.
What is the outlook for cattle prices?
At first glance, 2022 cattle prices are higher than 2021. At $140, slaughter steer prices are 17.5% above 2021 prices, but even with higher prices, farmers and ranchers will travel a rocky road to profitability, paved with inflation and higher input costs in 2022.
What is the S&P GSCI index?
About S&P GSCI Index Spot The S&P GSCI® is widely recognized as a leading measure of general price movements and inflation in the world economy. It provides investors with a reliable and publicly available benchmark for investment performance in the commodity markets.
Is S&P Dow Jones Indices announcing 2022 weights?
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Are there any index-linked products available from S&P Dow Jones?
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