JUL 3

JUN 27

3019

349

1153

The commentary for this week is in the form of a ten minute web-video that can be accessed on the link above entitled, “2008 June Acreage Report Analysis”.

Have a safe July 4th holiday weekend.

South Dakota range of old crop corn prices on Wednesday of this week: $6.46 - $7.13
South Dakota average old crop corn price on Wednesday of this week: $6.90, nine cents lower than a week ago.

South Dakota range of new crop corn prices on Wednesday of this week: $6.75 - $7.28
South Dakota average new crop corn price on Wednesday of this week: $7.08, nine cents lower than a week ago.

USDA’s monthly supply and demand numbers from the most recent World Agricultural Supply and Demand Estimates report are summarized in a file that is linked below. For complete details, simply click on the link entitled, “Corn Supply and Demand.”

Corn basis data and cash corn price data for various regions of South Dakota is available by connecting with a link at the bottom of this page. To access the charts showing the corn basis and cash prices for your region of the state, just click on the link entitled “Cash corn price and basis charts”. This basis information is compiled by the Economics Department at South Dakota State University.

For more information:
Economics Department website:  http://econ.sdstate.edu/
      under the Extension tab click on Current Market Analysis   
Extension Service website:  http://sdces.sdstate.edu/
     click on the Farm Management/Marketing tab
or contact Mr May at  alan.may@sdstate.edu