# Farm Prices for U.S. Major Field Crops Projected To Decline | Economic Research Service

> USDA's 10-year baseline projects corn, soybean, wheat and upland cotton prices to decline from 2021/22 peaks toward pre-pandemic levels. Production is expected to rise on higher yields, and exports are projected to increase.

- Date: 2022-02-07 · published 2022-02-07T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/14958-farm-prices-for-u-s-major-field-crops-projected-to-decline-economic-research
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The projected decline in prices and rising supplies signal lower feed grain costs over the coming decade, though the outlook assumes normal weather and policy.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-02-09 | [Declining Crop Prices, Rising Production and Exports Highlight U.S. Agricultural Projections to 2032 \| Economic Research Service](https://feedsoft.ai/events/13299-declining-crop-prices-rising-production-and-exports-highlight-u-s-agricultural.md) | -2.6% | -8.6% |
| WHEAT | 2018-10-01 | [Major Changes in Export Flows Over the Last Decade Show the U.S. Is Losing Market Share in Global Grain Trade \| Economic Research Service](https://feedsoft.ai/events/62393-major-changes-in-export-flows-over-the-last-decade-show-the-u-s-is-losing.md) | +2.9% | +8.6% |
| WHEAT | 2024-07-16 | [Wheat Outlook: July 2024 \| Economic Research Service](https://feedsoft.ai/events/9369-wheat-outlook-july-2024-economic-research-service.md) | +1.8% | +1.7% |
| WHEAT | 2025-02-28 | [Prices face pressure as larger U.S. crops expected this year \| The Western Producer](https://feedsoft.ai/events/26080-prices-face-pressure-as-larger-u-s-crops-expected-this-year-the-western-producer.md) | -3.6% | +0.3% |
| WHEAT | 2023-02-04 | [FAO Food Price Index continues to decline in January 2023 \| PotatoPro](https://feedsoft.ai/events/12880-fao-food-price-index-continues-to-decline-in-january-2023-potatopro.md) | +2.9% | -4.5% |
| SOY | 2023-02-09 | [Declining Crop Prices, Rising Production and Exports Highlight U.S. Agricultural Projections to 2032 \| Economic Research Service](https://feedsoft.ai/events/13299-declining-crop-prices-rising-production-and-exports-highlight-u-s-agricultural.md) | +0.4% | +0.0% |
| SOY | 2026-06-16 | [Soybeans and Oil Crops - Market Outlook \| Economic Research Service](https://feedsoft.ai/events/18823-soybeans-and-oil-crops-market-outlook-economic-research-service.md) | -0.2% | +7.4% |
| SOY | 2018-11-29 | [Outlook for U.S. Agricultural Trade: November 2018 \| Economic Research Service](https://feedsoft.ai/events/61931-outlook-for-u-s-agricultural-trade-november-2018-economic-research-service.md) | +2.1% | -0.9% |

## Sources

- ers.usda.gov: https://ers.usda.gov/amber-waves/2022/february/farm-prices-for-u-s-major-field-crops-projected-to-decline
- ers.usda.gov: https://www.ers.usda.gov/amber-waves/2022/february/farm-prices-for-u-s-major-field-crops-projected-to-decline

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