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Corn-Saturday

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Started by metmike - June 9, 2018, 10:47 a.m.

By cutworm - June 8, 2018, 10:28 p.m.

Inflation adjusted corn chart

https://www.ers.usda.gov/data-products/chart-gallery/gallery/chart-detail/?chartId=76964

Corn relatively cheaper than the $1 corn of the 60's

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Re: Corn-Saturday

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By metmike - June 9, 2018, 11:24 a.m.

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http://www.farmdoc.illinois.edu/manage/uspricehistory/us_price_history.html

US Monthly Average Corn Price Received
for the 1960/1961 - 2017/2018 Marketing Year(s)

Year	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Avg*
						$/bu.
1960/1961	0.99	0.90	0.92	0.97	1.01	1.01	0.97	1.02	1.03	1.05	1.04	1.04	1.00
1961/1962	1.02	0.99	0.99	0.99	1.00	1.00	1.02	1.04	1.04	1.05	1.03	1.04	1.10
1962/1963	1.03	0.99	1.04	1.07	1.09	1.10	1.10	1.11	1.16	1.19	1.19	1.21	1.12
1963/1964	1.11	1.05	1.09	1.12	1.11	1.13	1.15	1.17	1.16	1.12	1.12	1.17	1.11
1964/1965	1.13	1.07	1.16	1.18	1.20	1.21	1.23	1.26	1.25	1.22	1.18	1.18	1.17
1965/1966	1.10	1.04	1.13	1.19	1.20	1.17	1.19	1.21	1.20	1.27	1.34	1.35	1.16
1966/1967	1.29	1.26	1.29	1.28	1.26	1.28	1.26	1.25	1.26	1.21	1.11	1.12	1.24
1967/1968	1.04	0.98	1.03	1.04	1.06	1.06	1.06	1.09	1.07	1.04	0.99	1.01	1.03
1968/1969	0.96	1.04	1.05	1.08	1.09	1.09	1.12	1.19	1.18	1.18	1.18	1.15	1.08
1969/1970	1.12	1.07	1.09	1.12	1.14	1.13	1.15	1.18	1.21	1.24	1.27	1.38	1.16
1970/1971	1.34	1.29	1.36	1.42	1.43	1.43	1.41	1.38	1.43	1.36	1.19	1.11	1.33
1971/1972	1.00	0.97	1.08	1.09	1.09	1.10	1.13	1.15	1.13	1.14	1.15	1.22	1.08
1972/1973	1.19	1.20	1.42	1.39	1.35	1.37	1.42	1.61	1.99	2.03	2.68	2.15	1.57
1973/1974	2.17	2.18	2.39	2.59	2.76	2.68	2.41	2.45	2.57	2.91	3.37	3.30	2.56
1974/1975	3.45	3.32	3.27	3.07	2.86	2.67	2.68	2.66	2.68	2.72	2.95	2.76	3.02
1975/1976	2.62	2.33	2.37	2.44	2.48	2.50	2.46	2.61	2.74	2.82	2.64	2.60	2.54
1976/1977	2.33	2.02	2.24	2.34	2.34	2.35	2.31	2.25	2.12	1.88	1.63	1.60	2.15
1977/1978	1.67	1.88	1.97	2.00	2.03	2.15	2.24	2.29	2.28	2.16	2.01	1.98	2.02
1978/1979	1.97	2.02	2.09	2.11	2.18	2.22	2.27	2.35	2.49	2.64	2.54	2.51	2.25
1979/1980	2.41	2.27	2.38	2.45	2.39	2.40	2.36	2.42	2.49	2.73	2.92	3.01	2.48
1980/1981	2.99	3.10	3.19	3.19	3.22	3.25	3.24	3.24	3.17	3.14	2.87	2.55	3.12
1981/1982	2.45	2.34	2.39	2.54	2.44	2.46	2.55	2.60	2.57	2.50	2.30	2.15	2.47
1982/1983	1.98	2.13	2.26	2.36	2.56	2.71	2.95	3.03	3.04	3.13	3.35	3.32	2.55
1983/1984	3.15	3.17	3.15	3.15	3.11	3.21	3.32	3.34	3.36	3.30	3.12	2.90	3.21
1984/1985	2.65	2.55	2.56	2.64	2.62	2.67	2.70	2.68	2.64	2.60	2.44	2.29	2.63

Year	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Avg*
						$/bu.
1985/1986	2.29	2.11	2.21	2.29	2.33	2.32	2.29	2.30	2.39	2.32	2.00	1.73	2.23
1986/1987	1.45	1.40	1.47	1.50	1.48	1.42	1.47	1.52	1.66	1.69	1.60	1.47	1.50
1987/1988	1.49	1.55	1.61	1.72	1.77	1.83	1.86	1.88	1.94	2.41	2.72	2.65	1.94
1988/1989	2.60	2.58	2.51	2.53	2.60	2.59	2.60	2.56	2.58	2.52	2.47	2.27	2.54
1989/1990	2.29	2.22	2.24	2.27	2.31	2.32	2.37	2.51	2.62	2.63	2.62	2.51	2.36
1990/1991	2.32	2.19	2.16	2.22	2.27	2.32	2.39	2.42	2.38	2.31	2.27	2.33	2.28
1991/1992	2.33	2.31	2.29	2.33	2.40	2.46	2.49	2.48	2.49	2.47	2.33	2.15	2.37
1992/1993	2.16	2.05	1.98	2.30	2.03	2.00	2.10	2.16	2.14	2.09	2.22	2.25	2.07
1993/1994	2.21	2.28	2.45	2.67	2.70	2.79	2.74	2.65	2.60	2.61	2.29	2.16	2.50
1994/1995	2.19	2.06	1.99	2.13	2.19	2.23	2.30	2.36	2.42	2.51	2.63	2.63	2.26
1995/1996	2.69	2.79	2.87	3.07	3.09	3.37	3.51	3.85	4.14	4.20	4.43	4.30	3.24
1996/1997	3.56	2.88	2.66	2.63	2.69	2.65	2.79	2.80	2.69	2.56	2.42	2.50	2.71
1997/1998	2.52	2.54	2.51	2.52	2.56	2.55	2.55	2.41	2.34	2.28	2.19	1.89	2.43
1998/1999	1.84	1.91	1.93	2.00	2.06	2.05	2.06	2.04	1.99	1.97	1.74	1.75	1.94
1999/2000	1.75	1.69	1.70	1.82	1.91	1.98	2.03	2.03	2.11	1.91	1.64	1.52	1.82
2000/2001	1.61	1.74	1.86	1.97	1.98	1.96	1.96	1.89	1.82	1.76	1.87	1.90	1.85
2001/2002	1.91	1.84	1.85	1.98	1.97	1.93	1.94	1.91	1.93	1.97	2.13	2.38	1.97
2002/2003	2.47	2.34	2.28	2.32	2.33	2.34	2.33	2.34	2.38	2.34	2.17	2.15	2.32
2003/2004	2.20	2.12	2.20	2.31	2.39	2.61	2.75	2.89	2.87	2.79	2.51	2.34	2.42
2004/2005	2.20	2.15	2.05	2.04	2.12	1.95	2.02	2.00	1.98	2.03	2.11	1.95	2.06
2005/2006	1.90	1.82	1.77	1.92	2.00	2.02	2.06	2.11	2.17	2.14	2.14	2.09	2.00
2006/2007	2.20	2.54	2.87	3.01	3.05	3.44	3.43	3.39	3.49	3.51	3.32	3.26	3.04
2007/2008	3.29	3.29	3.43	3.76	3.97	4.53	4.70	5.15	5.28	5.48	5.24	5.26	4.20
2008/2009	5.02	4.37	4.26	4.10	4.36	3.87	3.86	3.85	3.97	4.03	3.60	3.33	4.06
2009/2010	3.25	3.61	3.65	3.59	3.66	3.55	3.55	3.41	3.48	3.41	3.49	3.65	3.55
2010/2011	4.08	4.32	4.55	4.82	4.94	5.64	5.53	6.35	6.30	6.38	6.32	6.88	5.18
2011/2012	6.37	5.73	5.83	5.86	6.07	6.28	6.35	6.34	6.34	6.37	7.14	7.63	6.22
2012/2013	6.89	6.78	7.01	6.87	6.96	7.04	7.13	6.97	6.97	6.97	6.79	6.21	6.89
2013/2014	5.40	4.63	4.37	4.41	4.42	4.35	4.52	4.71	4.71	4.50	4.06	3.63	4.46
2014/2015	3.49	3.57	3.60	3.79	3.82	3.79	3.81	3.75	3.64	3.59	3.80	3.68	3.70
2015/2016	3.68	3.67	3.59	3.65	3.66	3.57	3.57	3.58	3.68	3.82	3.60	3.21	3.61
2016/2017	3.22	3.29	3.23	3.33	3.40	3.44	3.49	3.43	3.45	3.43	3.49	3.27	3.36
2017/2018	3.27	3.26	3.15	3.23	3.29	3.38	3.51

Re: Re: Corn-Saturday

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By metmike - June 9, 2018, 8:02 p.m.

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From the NTR forum, waaaaaaaaaay down below:

Re: Re: Saturday? What was the corn yield 100 years ago?

By metmike - June 9, 2018, 7:56 p.m.

Thanks for guessing silverspiker.

Even lower than that, less than 25 bushels per acre!

https://ahundredyearsago.com/2011/10/14/us-crop-yields-and-production-1911-and-2011/

Crop Yields

Crop yields increased significantly for all the major cops between 1911 and 2011.

So what the heck happened to corn yields suddenly around 1950? They have more than quadrupled since then! Corn yields in the last 100 years are 7 times higher!!!

Seed genetics? Yes, that's helped.

Better farming technologies/equipment? That's helped

Atmospheric fertilization from increasing beneficial CO2? Yes, that's helped around 25%.

Climate change? Yes, that's helped..........only 1 widespread severe Cornbelt drought since 1988(in 2012). A record 24 years in between.

But those factors have also helped all other crops. Corn has 1 big element that is responsible for more than doubling its yields by itself. Without it, yields would still be under 100 bushels/acre.

I'll leave that for Sunday and make corn yields our weekend metmike mystery topic.............even though you all know the answer already.

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US Monthly Average Corn Price Receivedfor the 1960/1961 - 2017/2018 Marketing Year(s)

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US Monthly Average Corn Price Received
for the 1960/1961 - 2017/2018 Marketing Year(s)