Grain market forecast: When will corn and soybean prices rally in 2025?
12:49
farmprogress.com
Grain market forecast: When will corn and soybean prices rally in 2025?
Weather concerns and tightening supplies aren't moving markets as expected. StoneX economist Arlan Suderman reveals why Brazil's record corn crop and China's purchasing decisions are keeping prices low, while explaining how Mexico's cattle situation with New World screwworm creates unexpected export opportunities for U.S. farmers.
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Corn futures plunged on Monday following USDA's bearish report. Futures fell nearly 6%, marking the largest single-day decline since June 2023. The USDA raised its estimate of the 2025 US corn crop to a record 17.02bil bushels, an increase of 269mil bushels. The agency also increased its estimate of last year’s national average yield to a record 186.5 bpa, from 186 bpa previously. Following the dry conditions last fall, many analysts had expected a reduction in both production and yield estimate
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