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Looming price risk ahead for corn, soybeans

2014-02-25 23:33:00| Corn & Soybean Digest

A year ago at this time, the local cash corn price in southern Minnesota was near $7 per bushel, compared to slightly over $4 per bushel in late February this year. This is lowest cash corn price in late February since 2010. In recent years, we kind of got drawn into a mentality that corn prices of $5-7 per bushel were the new normal, rather than a temporary price upswing; however, that type of thinking could change quite dramatically in the coming years. Farm operators need to start planning now for much lower crop price levels in the coming years. Focus on Ag read more

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Category:Agriculture and Forestry

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