December average net corn cost was 11-month high

The runup in corn pricing outpaced higher coproduct values, which led net corn cost to average almost $2.16 in December, up 2 percent from a month prior and up about 2 percent YOY. The coproduct credit averaged $2.35 in December, up 7 percent from [...]

WASDE: Chinese corn production expected to rise

Although the industry was expecting U.S. corn exports to fall in the December WASDE report, USDA left its estimate at 1.85 billion bushels. In fact, each U.S. corn supply and demand category was left unchanged on the report. Internationally, however, 2019/20 world beginning stocks [...]

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