For Farmers, Lower Grain Prices Could be Sign of Things to Come

Nov 1, 2024 · While no one expected the 2022 marketing-year average corn price of $6.54 a bushel to last, he says farmers hoped that corn prices had reached a higher plateau in the “the high fours,” along the level of the 2023 average of $4.75. Similarly, soybean prices reached a …

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For Farmers, Lower Grain Prices Could Be Sign Of Things To Come

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The Market Awaits Farmers' Willingness To Give Up Their Grain

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Feb 16, 2024 · Potentially 40-50% of the 2023 harvest remains locked up in storage as farmers wait out lower prices. Meanwhile, the market seems to be holding out hope that farmers will sell.

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5 Things Might Move Grain Markets - Farm Progress

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Sep 19, 2024 · December corn futures continue to hold price support at the $4 level, while overhead price resistance is currently at $4.15. From a marketing perspective. The recent 30 …

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Grain Markets Sink To New Lows: What Will It Take To Bottom …

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Feb 15, 2024 · Is there anything that can bottom the grain markets? ... Thursday at $180, and dressed prices at $287-$288, steady to $1 lower. Markets Today ... resilience is an underlying …

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For Farmers, Lower Grain Prices Could Be Sign Of Things To Come

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In October, corn prices were hovering around $4.20 a bushel, with soybean values near $10, down 50% and 43%, respectively, from their 2022 highs. Those fi For Farmers, Lower Grain …

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The Last Straw: Broken By Low Prices, High Input Costs, Some …

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Jan 20, 2025 · An average market price of $4.20 per bushel, however, marked a continued decline from 2022’s peak price of $6.54 per bushel, making the crop unprofitable for most …

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FAQs about For Farmers, Lower Grain Prices Could be Sign of Things to Come Coupon?

What should farmers do if grain prices fall further in 2024?

With grain prices falling further in 2024, farmers are being forced to consider actions they would rather avoid. That can mean using less fungicide and fertilizer—and accepting more issues with pests and lower crop yields—or delaying capital investments that would boost productivity and profits over time. Read more: The U.S. Corn Crop Is Great. ...

Should farmers brace for lower corn and soybean prices?

At a Glance Risk management tools and marketing strategies take on greater importance for farmers With lower crop prices and incomes, farmer sentiment has reached its lowest point since 2016 After a couple of years of strong grain prices, farmers should brace for lower corn and soybean values for the next few years, say farm economists. ...

What's going on with the grain markets?

Darin Newsom, Barchart, has more. The grain markets sunk to new lows again Thursday with relentless selling by the funds. While grains may have been digesting the bearish USDA Ag Outlook forecasts, Darin Newsom, Senior Market Analyst for Barchart, says the markets have been signaling rising supplies for weeks. ...

Will the Corn Market run out of stocks?

With a stocks-to-usage ratio at 14.1%, the market is clearly not worried about running out of corn. Given stocks are seen as more than adequate, this corn market has drifted lower, putting us in the situation we see today. Will corn price come up? ...

Are corn losses a done deal?

“Right now the losses look punishing due to the combination of rising expenses in recent years and the downdraft in corn and soybean prices. Corn losses look like they could easily exceed $200/acre. Of course, the usual caveat applies that this is not a done deal yet. ...

Is the AG economy down?

The September Purdue University/CME Group Ag Economy Barometer, which tracks farmer sentiment, fell to levels last seen in 2015-2016, during the early stages of a significant downturn in the U.S. farm economy. The past few years of higher-than-average grain prices have left many producers with strong working capital, ag sources say. ...