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" Dave Chatterton, Strategic Marketing says upside in corn is being limited by the 2.16-billion-bushel billion-bushel carryover. "While soybeans have had a nice break higher the last four days, corn is moving sideways."
Soybeans Soybean plantings are predicted to fall by nearly three million acres in the 2023/2024 marketing year. A competitive market is placing downward pressure on soybean prices. Wheat Planted acreage of wheat was down last year, but is expected to stabilize in the 2023/24 marketing year. Soybeans are projected at $12.75
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