Source: Bryan Doherty, SUCCESSFUL FARMING, 5/1/20


As the effects of COVID-19 continue to be felt around the world, prices for commodities, and perhaps more so for corn, suggest a paradigm shift is at hand. A paradigm can be defined as a pattern or a model. If there was a reasonable expectation for corn prices to trade between $4.25 and $3.50 on the December futures in 2020 pre-coronavirus, a loss of demand and increase in acres would now suggest this 75¢ range shift downward. New expectations could be for $3.50 to $2.75 from this point onward.

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