# FAPRI sees lower wheat, corn, soybean prices | 2019-09-05  | Food Business News

> FAPRI's five-year baseline update, released August 28, projects lower wheat, corn and soybean prices for 2019-20 and 2020-21. It assumes China's 25% retaliatory tariff on U.S. soybeans stays in place and that the 2019 crop shortfall reverses in 2020. Corn output is forecast to rise 8% and soybean output 13% in 2020.

- Date: 2019-09-05 · published 2019-09-05T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/9145-fapri-sees-lower-wheat-corn-soybean-prices-2019-09-05-food-business-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Projected supply recovery in 2020 and weaker Chinese soybean demand from African swine fever point to lower feed grain and soymeal prices over the outlook period.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-11-10 | [U.S.D.A. lowers 2018 wheat, soybean carryover from October \| Food Business News \| November 10, 2017 13:57](https://feedsoft.ai/events/67928-u-s-d-a-lowers-2018-wheat-soybean-carryover-from-october-food-business-news.md) | -0.9% | +0.6% |
| CORN | 2019-05-10 | [Initial 2020 carryover forecasts higher for wheat and corn \| 2019-05-10  \| Food Business News](https://feedsoft.ai/events/59044-initial-2020-carryover-forecasts-higher-for-wheat-and-corn-2019-05-10-food.md) | +5.8% | +12.3% |
| CORN | 2025-05-14 | [USDA forecasts lower wheat, corn, sorghum prices for 2025/26](https://feedsoft.ai/events/24718-usda-forecasts-lower-wheat-corn-sorghum-prices-for-2025-26.md) | +3.8% | +0.4% |
| CORN | 2016-12-01 | [WEEKLY EXPORT REPORT: Corn, soybean, wheat business declines](https://feedsoft.ai/events/73339-weekly-export-report-corn-soybean-wheat-business-declines.md) | +3.9% | +2.9% |
| CORN | 2023-05-23 | [USDA forecasts record-large corn, soy production in 2023 \| Food Business News](https://feedsoft.ai/events/13277-usda-forecasts-record-large-corn-soy-production-in-2023-food-business-news.md) | -1.8% | +0.2% |
| SOY | 2023-09-29 | [It’s been a bad quarter for corn, soybean and wheat prices](https://feedsoft.ai/events/34143-it-s-been-a-bad-quarter-for-corn-soybean-and-wheat-prices.md) | -1.5% | -1.6% |
| SOY | 2023-05-23 | [USDA forecasts record-large corn, soy production in 2023 \| Food Business News](https://feedsoft.ai/events/13277-usda-forecasts-record-large-corn-soy-production-in-2023-food-business-news.md) | -3.3% | +12.9% |
| SOY | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | +0.6% | -0.4% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/14446-fapri-sees-lower-wheat-corn-soybean-prices

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