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USDA's 2017-2026 baseline projections show a 2017 corn season-average farm price of $3.30 per bushel, rising slowly to $3.70 by 2026. The analysis notes the projections exclude changes to NAFTA and the TPP withdrawal.
A long-run low corn price path signals ample supply and limited feed grain price strength for buyers over the decade.
agpolicy.orgMar 3, 2017After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
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.
