Editor's Picks
Tag: soybean prices
Grain Markets: What Are Long-Run Prices? Jun 1, 2022
The Congressional Budget Office (CBO) recently released projected outlays for Federal farm programs from 2021 to 2031. To make these ten-year projections, CBO used estimates of commodity prices over the next […]
Corn, Soybeans: Potential Fall Prices, Based on History May 26, 2022
Corn and soybean prices for 2022 fall delivery are at high levels. During the first two weeks in May, fall delivery bids in central Illinois averaged $7.39 per bushel for […]
Soybean Prices Rise as Drought in South America Reduces Harvest Feb 28, 2022
Brazil, Argentina, and Paraguay, which account for more than 50% of the world’s soybean supply, are expecting smaller harvests this crop season. Major agricultural agencies and consultancies have already slashed […]
Fertilizer Prices Climb, Acreage Decisions Loom, and Wheat, Soybean Prices Surge Feb 24, 2022
DTN writer Russ Quinn reported on Wednesday that, “Average retail prices for most fertilizers continued to climb the second full week of February 2022, according to sellers surveyed by DTN. For […]
Feb. WASDE Report Holds Few Surprises, but Grain Markets Surge – DTN Feb 11, 2022
The February USDA Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports provided few surprises, as there were only minor changes to report, and, as expected, USDA was […]
Illinois: Farm Income Outlook for 2022 Dec 30, 2021
Net income on Illinois grain farms will be at record levels in 2021, likely near $325,000 per farm. This $325,000 represents an average for grain farms enrolled in Illinois Farm […]
Illinois Corn, Soybeans: 2022 Break-Even Prices Dec 22, 2021
Break-even prices to cover total costs for 2022 are projected at $4.73 per bushel for corn and $11.06 per bushel for soybeans. Compared to historical levels, these break-even prices are […]
Corn, Soybeans: Sept. FAPRI Baseline Update Sep 16, 2021
Earlier this month, the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri released its latest baseline update for U.S. agricultural markets. In part, the baseline update stated that, “Strong […]
Corn, Soybeans: WASDE 2021 Price Projections – A Historical Perspective Sep 16, 2021
The Office of the Chief Economist of the U.S. Department of Agriculture recently revised 2021 market year average (MYA) price projections to $5.45 per bushel for corn and $12.90 per […]
Arkansas Soybeans: Market Prices High, Plenty of Challenges on the Ground Jul 29, 2021
With harvest about two months away for Arkansas soybeans, both the cash and book markets for the crop are well into double-digit dollars, with markets closing Friday as high as […]
