Jerry Gulke, president of the Gulke Group, says price performance might have been a little disappointing but that’s because of USDA’s lofty ending stocks estimates at nearly 2 billion bushels for corn and 550 million bushels for soybeans.
Corn, Soybeans or Wheat: Which Commodity Has the Best Chance to Recover into 2025
Corn, soybean and wheat prices have taken a dramatic turn in the past year. The harvest price for corn is down 90¢ to $1, soybeans are down a whopping $3, and wheat is $1 lower versus last year at this time. Which commodity of the three has the best story brewing into the new year?
The Soy Transportation Coalition says every foot of reduced water depth or draft is the equivalent of loading 7,000 fewer bushels of soybeans per barge. In turn, that raises barge freight rates, and cash basis takes the hit.
Farm CPA Paul Neiffer digs into the details of what the Farm Assistance and Revenue Mitigation Act means for farmers as well as how they can estimate their payments.
USDA will issue $1.7 billion through the CRP and CRP Transition Incentive Program and distribute more than $447 million in ARC and PLC payments related to 2023 crops.
