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Corn Looks Ahead To Tighter Supplies

Big changes in old crop not expected.

Published on: May 11, 2009

The corn market faces a crucial window in the coming week — in fact, a couple them.

Out in the field, the planting window for getting optimal yields is closing fast. Meanwhile, in the bowels of USDA, two key reports could finally convince traders the game in on for corn.

Monday afternoon the government updates planting progress. While more corn got in the grown last week, farmers won't be anywhere near the 65% to 70% needed by May 10. And the next two weeks looks wet for the areas that are the further behind in the eastern Corn Belt.

To read Bryce Knorr's complete weekly corn review, click HERE.