# Continuation of low feed prices will require another record crop - Progressive Dairy | Ag Proud

> Patrick Patton argues that feed prices staying at current levels would require a fifth consecutive record or near-record U.S. corn crop in 2017. He notes 2016 production hit a record 15.2 billion bushels while the November WASDE projected 2016-17 demand at 14.6 billion bushels. He models 91 million planted acres with yields of 160 to 175 bushels per acre.

- Date: 2017-02-24 · published 2017-02-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72570-continuation-of-low-feed-prices-will-require-another-record-crop-progressive
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A fifth large crop would keep corn supplies ample and cap feed price rises, while any production shortfall or South American problem could quickly push feed costs higher.

## Read by commodity

- CORN: neutral

## Sources

- agproud.com: https://www.agproud.com/articles/18964-continuation-of-low-feed-prices-will-require-another-record-crop

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