Sizing Up Potential Downside Risk for New-Crop Corn and Soybean Prices

This article reviews the latest US corn and soybean production and use forecasts from USDA which include projections for the new-crop 2024/25 marketing year. These supply and demand estimates set expectations for forthcoming market conditions and provide context for marketing decisions made by farmers, merchants, processors, and end-users. In general, corn and soybean markets have coalesced around prices slightly above long-run average nominal levels (See: farmdoc daily May 31, 2022).

Publication Details

Journal
AgEcon Search (University of Minnesota, USA)
Published
2025-01-01
DOI
https://doi.org/10.22004/ag.econ.358516
Primary Topic
Agricultural risk and resilience
Type
article
Field-Weighted Citation Impact
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article

Sizing Up Potential Downside Risk for New-Crop Corn and Soybean Prices

AgEcon Search (University of Minnesota, USA)
Agricultural risk and resilience
article

Sizing Up Potential Downside Risk for New-Crop Corn and Soybean Prices

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Abstract

This article reviews the latest US corn and soybean production and use forecasts from USDA which include projections for the new-crop 2024/25 marketing year. These supply and demand estimates set expectations for forthcoming market conditions and provide context for marketing decisions made by farmers, merchants, processors, and end-users. In general, corn and soybean markets have coalesced around prices slightly above long-run average nominal levels (See: farmdoc daily May 31, 2022).

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Sizing Up Potential Downside Risk for New-Crop Corn and Soybean Prices · AgEcon Search (University of Minnesota, USA) (2025) | TGRS Research Map | TGRS