Prices had been softening for most of the previous month, but heading into the Labour Day long weekend, the price drops were startling.
Tag Archives grain prices
Producers face the reality of shifting grain price expectations
Significant price shifts have occurred in various grains as compared to what was expected at the beginning of the calendar year. Crop insurance prices can be used as a base for the changes.
Bayer earnings take a hit
FRANKFURT, Germany (Reuters) — Bayer has posted a 16.5 percent drop in quarterly adjusted earnings, becoming the latest agricultural chemical supplier to be hit by weak demand due to lower grains prices. The development added to the chief executive officer’s challenges in his second year in the job. Bayer boss Bill Anderson has launched a […] Read more
Speculators drive grain prices lower
November soybean futures are well below the estimated cost of production of $11.90 per bushel
SASKATOON — A leading analyst says grain prices should be bottoming out, but a recent supply and demand report did not help matters. “We are already down to extremely cheap price levels on corn and beans,” said DTN lead analyst Todd Hultman. Related stories: “It’s just hard for me to imagine much more downside risk, […] Read more
Time to prepare for disappointing grain prices
Unless some unforeseen geopolitical event transpires, lower grain prices will be the reality for the growing season ahead and that will have wide-ranging ramifications. South of the border, the U.S. Department of Agriculture is forecasting 2024 net farm income at $116 billion, down from $156 billion in 2023 and the record $186 billion in 2022. […] Read more
