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An agricultural economist at the 2024 Commodity Classic said old-crop U.S. corn and soybean prices will likely rally this spring, citing historical patterns in which prices exceeded January highs. He noted that the renewable diesel industry is a positive demand factor.
Historical seasonal patterns suggest higher spring prices for corn and soybeans, which would raise feed grain costs for buyers, though the analyst admitted no clear catalyst.
producer.comSean PrattMar 4, 2024Not enough comparable past events yet for a historical read.
Not 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.
