Commodity prices are likely to dip unless demand picks back up

Total Farm Marketing says the market needs to see some bushels move, and USDA will need to make demand-side adjustments for the price to go back up.

Total Farm Marketing says commodity prices are likely to fall.

A market analyst tells Brownfield Ag News that will be the case unless there is a big increase in demand. However, there is a key window through March to move some corn before South American supplies hit the market. The soybean window is closed now as the Brazilian harvest gets underway.

Total Farm Marketing says the market needs to see some bushels move, and USDA will need to make demand-side adjustments for the price to go back up.

Related Stories
Unprecedented heavy rains in California have wreaked havoc on strawberry fields and other crops, posing a threat to farm workers and potentially causing price hikes for consumers.