# The U.S. corn Crop is Great For Prices, Not So Much for Farmers | Supply Chain Scene

> Corn and soybeans are trading at levels last seen in 2020. The producer price index for corn has roughly halved from its peak two years ago, partly because of strong Brazilian production.

- Date: 2024-08-27 · published 2024-08-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28822-the-u-s-corn-crop-is-great-for-prices-not-so-much-for-farmers-supply-chain-scene
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower corn and soybean prices reduce feed input costs for buyers, while strong Brazilian output keeps global supply heavy.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- supplychainscene.org: https://www.supplychainscene.org/resources/news/us-corn-crop-great-prices-not-so-much-farmers

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