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Iowa producers and advisers say falling grain prices, with corn about 25% below last year, will still leave farmers workable margins despite rising farm expenditures. They attribute the decline to high corn acreage, a good South American harvest and easing of the Ukraine war shock.
Lower crop prices and tighter farm margins may slow farm spending and reflect ample grain supply, which is bearish for corn and soybean feed prices.
southeastiowaunion.comKalen McCainAug 31, 2023Not 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.
