EPISODE · Nov 1, 2024 · 12 MIN
Friday Channel Final Bell with Heather Ramsey with the ARC Group | 11/01/24
from The Final Bell · host Rural Radio Network
The main highlight this week has been export activity, especially with Mexico's demand for corn. On Friday, they purchased 716 million tons of old-crop (OC) corn from the U.S., underscoring their ongoing need for future imports. Drought remains a concern in several regions, though there are signs of potential replenishment in some areas. Fall basis prices are also influencing decisions as we move into the November 1 grain marketing window, which is an important date for managing grain contracts and forecasting the market's direction.
What this episode covers
The main highlight this week has been export activity, especially with Mexico's demand for corn. On Friday, they purchased 716 million tons of old-crop (OC) corn from the U.S., underscoring their ongoing need for future imports. Drought remains a concern in several regions, though there are signs of potential replenishment in some areas. Fall basis prices are also influencing decisions as we move into the November 1 grain marketing window, which is an important date for managing grain contracts and forecasting the market's direction.
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Friday Channel Final Bell with Heather Ramsey with the ARC Group | 11/01/24
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