{"id":3710,"date":"2023-06-23T08:18:41","date_gmt":"2023-06-23T12:18:41","guid":{"rendered":"https:\/\/wzbd.com\/?p=3710"},"modified":"2023-06-23T08:18:43","modified_gmt":"2023-06-23T12:18:43","slug":"corn-outlook-suggests-lower-yield-and-less-demand","status":"publish","type":"post","link":"https:\/\/wzbd.com\/index.php\/2023\/06\/23\/corn-outlook-suggests-lower-yield-and-less-demand\/","title":{"rendered":"CORN OUTLOOK SUGGESTS LOWER YIELD AND LESS DEMAND"},"content":{"rendered":"\n<p><strong>MARK DORENKAMP<\/strong><\/p>\n\n\n\n<p><em>Brownfield Ag Network<\/em><\/p>\n\n\n\n<p>A market analyst sees a decline in yield and export demand for this year\u2019s U.S. corn crop.<\/p>\n\n\n\n<p>Naomi Blohm with Total Farm Marketing says she anticipates a larger old crop carryout in USDA\u2019s July supply and demand report.<\/p>\n\n\n\n<p>\u201cBecause our exports are still not fantastic and we\u2019re not up to USDA goals and objectives. And that also makes us think that for the new crop, the USDA had increased export potential but the trade is starting to doubt that.\u201d<\/p>\n\n\n\n<p>She tells Brownfield USDA could offset a lower export projection by reducing its yield forecast on dry weather.<\/p>\n\n\n\n<p>\u201cSo we have a tight tightrope that we\u2019re watching and balancing right now between what is the supply going to be. We know it\u2019s not a record crop anymore, it\u2019s lost that potential because of this drought. However, we\u2019ve also lost some demand.\u201d<\/p>\n\n\n\n<p>Blohm says China will be leaning more on South America for corn imports until the U.S. harvest gets rolling.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARK DORENKAMP Brownfield Ag Network A market analyst sees a decline in yield and export demand for this<\/p>\n","protected":false},"author":2,"featured_media":501,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[18],"tags":[19],"class_list":["post-3710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ag","tag-ag"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/wzbd.com\/wp-content\/uploads\/2023\/04\/photoless-header-template-Ag-news.jpg?fit=252%2C144&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/3710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/comments?post=3710"}],"version-history":[{"count":0,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/3710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/media\/501"}],"wp:attachment":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/media?parent=3710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/categories?post=3710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/tags?post=3710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}