In this file:


·         Corn, soybean prices going opposite ways

·         Mexican grain industry officials express concerns



Corn, soybean prices going opposite ways


By Mark Dorenkamp, Brownfield

May 17, 2017


An ag economist says when factoring production with consumption, the outlook for corn is much friendlier than for soybeans.


Following last week’s WASDE report, University of Illinois clinical assistant professor of agricultural commodity markets Todd Hubbs says consumption projections are helping shape price expectations for corn and soybeans in the 2017-2018 marketing year.


He tells Brownfield the overall trend for soybeans is down and flat to slightly higher for corn...


more, including audio



Mexican grain industry officials express concerns


By Ken Anderson, Brownfield

May 16, 2017


A team of Mexican grain industry officials is in the U.S. this week to discuss trade between the two countries.


During a Tuesday news conference in Lincoln, Nebraska, Felipe Basarte with the Mexican grain trade group Conafab said they like doing business with the U.S. But because of the controversy surrounding NAFTA, Basarte says, they are also considering other options.


“Last week, some of our associated companions were down to Brazil,” Basarte said. “Mexico’s government is looking forward to make easier ways to import from Brazil. But also they don’t have the actual infrastructure needed and logistics won’t be as easy as from the States.”


Tom Sleight, president and CEO of the U.S. Grains Council, said the biggest challenge with NAFTA right now is, in his words, “to get with it”—to start the discussions and end the uncertainty on all sides.


“Let’s get the negotiations started,” Sleight said...


more, including audio