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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