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Hurt: prices similar to last year despite challenging year

Aug 13, 2019, 11:41 AM by Ann Gregson
Hurt: prices similar to last year despite challenging year

Purdue Ag Economist Chris Hurt says despite this year’s
weather challenges and lower production estimates, prices are very similar to
last year.

He says the season-average corn price remains the same…  

“Last year’s 2018 crop had $3.60 marketing year average, and for the 2019 crop their projection is $3.60,” he says. “We went through all these production concerns and we end up with the same price.”

Hurt says the season average price for soybeans is forecasted lower…

“Soybeans were $8.50 for the 2018 crop and now for the 2019 crop their projection is $8.40,” he says.

Continue reading Hurt: prices similar to last year despite challenging year at Brownfield Ag News.

     

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