# FAPRI Releases U.S. Baseline Outlook Report Update

> FAPRI's fall update of the US Baseline Outlook projects the 2021 corn marketing-year average price at $5.34 per bushel, the highest since the 2012 drought year. The projection cites strong Chinese import demand and reduced Brazilian production. Prices are expected to ease in later years as Brazil's crop rebounds.

- Date: 2021-09-29 · published 2021-09-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/11975-fapri-releases-u-s-baseline-outlook-report-update
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A projected corn price at a multi-year high raises feed costs for buyers, and the forecast assumes tight supplies through the coming marketing year.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-04-29 | [April 2025 USDA Feed Outlook report \| Ag Proud](https://feedsoft.ai/events/11119-april-2025-usda-feed-outlook-report-ag-proud.md) | -3.7% | -1.3% |
| CORN | 2021-03-14 | [FAPRI Baseline: University of Missouri Analysts See Signs of Optimism in Agricultural Market Outlook](https://feedsoft.ai/events/5123-fapri-baseline-university-of-missouri-analysts-see-signs-of-optimism-in.md) | -7.9% | +2.0% |
| CORN | 2019-06-20 | [June WASDE Report Released](https://feedsoft.ai/events/58536-june-wasde-report-released.md) | +1.9% | -2.0% |
| CORN | 2025-01-27 | [January 2025 USDA Feed Outlook report \| Ag Proud](https://feedsoft.ai/events/26566-january-2025-usda-feed-outlook-report-ag-proud.md) | -0.8% | +2.9% |
| CORN | 2024-06-13 | [Food Outlook - Biannual Report on Global Food Markets, June 2024 - World \| ReliefWeb](https://feedsoft.ai/events/17024-food-outlook-biannual-report-on-global-food-markets-june-2024-world-reliefweb.md) | -2.1% | -8.8% |

## Sources

- cafnr.missouri.edu: https://cafnr.missouri.edu/stories/fapri-releases-u-s-baseline-outlook-report-update-2/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.