# Large global supplies will limit any gains in crop prices

> Iowa Farm Bureau reports analyst Don Roose saying large global corn and soybean stockpiles will limit price gains despite worsening drought in Iowa and the western Corn Belt. He spoke at the Iowa Farm Bureau Economic Summit in Ames.

- Date: 2017-07-24 · published 2017-07-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69981-large-global-supplies-will-limit-any-gains-in-crop-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Ample world supplies cap the upside from weather problems, so feed grain and meal prices are unlikely to rally strongly unless yield losses are confirmed.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Large-global-supplies-will-limit-any-gains-in-crop-prices

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