“Fair value” of corn north of $5, analyst says

A market analyst says the “fair value” of corn is $5 dollars and higher. Jeff Peterson with Heartland Farm Partners says the market is adjusting to last month’s reduction in USDA crop production estimates. “What the market’s been trying to do is trying to get caught up to really fair value. What we look at […]

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Cash dairy prices steady Friday at the CME

*This updates a previous report from earlier. Cash dairy prices were mostly unchanged in light trading Friday at the Chicago Mercantile Exchange.  Dry whey was up

No CME cash dairy trading Friday

The Chicago Mercantile Exchange had limited trading activity Friday following the Christmas holiday, and cash dairy trading isn’t scheduled to resume