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Agricultural Programs
19
Jan
2017
January supply and demand for field crops
Author: Archie Flanders, Extension Economist

By Archie Flanders, Agricultural Economist

The January 2017 WASDE report for the supply and demand situation of field crops maintains market fundamentals that are resulting in expectations of low commodity prices for the upcoming 2017 crop year. Supplies have historical cycles, and low crop price projections are following corresponding trends of markets with excess supply. The soybean January projection for stocks-to-use indicates a significant decrease from the December projection. This has resulted in a short-term price increase during mid-January. Expectations are for increased 2017 soybean acreage and less corn acreage which would result in weaker soybean prices as spring planting dates approach. More current supply and demand information: January-2017

 


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