Source: KMA LAND, 6/10/20

The Chairman of the Senate Finance Committee expects another coronavirus aid package, despite a surprisingly good jobs report last week and recoveries in the meat and biofuel industries. Senator Chuck Grassley says the price of corn is still way down, which could be offset some by renewed economic activity. “As people start driving and we get the ethanol plants up and running, I think it’s going to help the price of corn. But, we’re also faced with what looks like a fairly good crop year, with a large acreage in. So, that’s going to be a depressant, that’s got nothing to do with the pandemic.”

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