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Arkansas corn yields were near record in 2024, but about 40 percent fewer acres were planted because of weak market prices. Winter wheat prices are about $5.50 per bushel, and sorghum acreage held near 12,000 acres.
Local buyers for wheat and sorghum are limited.
Lower planted corn area in a key state points to reduced supply in later seasons, though current stocks remain ample. Limited local sorghum demand keeps the crop's price support thin.
seedtoday.comDec 23, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
