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It’s no secret that there was still 2023 crop on-farm at the end of July. Some of that old crop won’t have moved even as the calendar flips to September. I’m not sure that this is uncommon during cycles where the market is in decline over an extended period. For three years prior, the best. Read More
Grains slide lower after the USDA lowered yield, production and ending stocks on corn and beans. Wheat was slightly negative with an increase in carryover. Jim McCormick of AgMarket.Net has analysis.
Combined with strong production domestically and globally, corn prices are declining—projected to be $4.80 Cotton Cotton supply is up, primarily due to carryover stock from the previous marketing period. Dairy Increased production, stagnating herd numbers, and weak net exports have all contributed to a decline in dairy prices.
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