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Returns, Cash Rents at $4.80 Corn Price, $10.75 Soybean Price

2013-07-17 22:58:00| Corn & Soybean Digest

Source: University of Illinois farmdocDaily The USDA recently updated its World Agricultural Supply and Demand Estimates (WASDE), with the midpoints of 2013-2014 estimates being $4.80/bu. for corn prices and $10.75 for soybean prices. These prices are significantly below prices in recent years, suggesting that agricultural returns may be lower in 2013 and 2014. These lower returns then may lead to the need to re-evaluate cash rents. read more

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Category:Agriculture and Forestry

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