Tag Archives: NCGA

The National Corn Yield Contest is officially underway, and the National Corn Growers Association is encouraging potential entrants to register early and save on entry fees.

Fees are reduced to $75 until June 30. NCGA points out that a small-time investment now will save some money later in the summer. The contest has been one of the premier events of every corn-growing season since 1965, with the contest offering challenges and rewards to each of the entrants. In 2019, 7,454 growers accepted the challenge of testing their corn production skills and knowledge by competing with proven winners to reach the ultimate goal of being named champion.

NCGA invites American farmers to take advantage of the opportunity to explore new ideas and production techniques while gaining knowledge to enhance future yield potential. Winners will get national recognition in various publications like the NCYC Corn Yield Guide, as well as other rewards from participating sponsors from seed, crop, and chemical companies.

State winners will be honored during the NCYC Breakfast at Commodity Classic in San Antonio, Texas. Visit the National Corn Growers website for more information.

An analysis released by the National Corn Growers Association shows cash corn prices have declined by 16 percent on average. Several regions are experiencing declines of more than 20 percent, since March 1, as a result of the COVID-19 pandemic.

The analysis projects a $50 per acre revenue decline for the 2019 corn crop. NCGA commissioned the economic analysis, conducted by Dr. Gary Schnitkey of the University of Illinois, to better understand the economic impact of the global pandemic on the corn industry. Schnitkey writes in the study, “Corn will be one of the most impacted crops as its two largest uses – livestock feed and ethanol – are under pressure.” NCGA will use the data to create solutions to help corn farmers and their customers recover.

The analysis was based on cash corn prices as of mid-April and estimated losses would likely increase through the rest of the marketing year. Further analysis is already underway for the 2020 crop year, with losses anticipated to be higher than those in 2019.