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Farmdoc's harvest 2024 analysis finds private-market net returns are negative for all farm program crops except temperate Japonica rice. Cotton, sorghum and barley show returns below -$100 per acre.
Persistently negative returns signal weak incentives to plant feed grains like sorghum and barley, which could tighten supply over time and support prices.
farmdocdaily.illinois.eduHongxia JiaoOct 16, 2024Not enough comparable past events yet for a historical read.
Not 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.
