Harvest prices for corn and soybeans have come in above their spring projected prices for the first time in four years for corn and five years for soybeans. December corn averaged $4.75 a bushel in October versus a $4.62 spring price, and November soybeans averaged $12.63 versus $11.09.
Higher harvest-price revenue protection raises insured revenue guarantees for US growers, which can support planting and marketing decisions and signals firmer grain values for feed buyers.
Not 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.