Low prices could stick around for the next few years. Researchers at the University of Missouri say large global stocks are helping suppress prices across the board.
“Yeah, we’ve had a lot of supplies globally right now. And unless there’s something, a big change of the demand side of the picture, ordinary weather conditions around the world the next several years would lead to continue large supplies. Obviously, we’re going to have some weather shocks the like in the near term, so we don’t know which year will be a good year, which will be might be a bad year. On average, we think current prices are more or less reflective of the current market situation,” said Dr. Pat Westhoff.
Westhoff says considering the current situation, there is not real need for farmers to consider acreage shifts for next year.
The FAO report continues to serve as a key benchmark for global food market conditions, offering insight into how shifting supply and demand dynamics are impacting food systems worldwide.
Brazil Potash CEO Matt Simpson discusses global fertilizer security, the importance of domestic production, and Brazil’s push toward fertilizer independence, which could impact market competitiveness.
President Trump’s appearance in Wisconsin coincides with National Dairy Month, placing additional attention on one of the nation’s leading dairy-producing states.
The DOJ is conducting a criminal antitrust investigation into major beef processors, following years of concern over market concentration.
Commercial performance will determine whether the specialty sorghum market can expand across poultry-producing regions.
Producers growing multiple spring crops should compare CLIP with individual coverage increases and county-based supplemental protection.
