Soaring crop prices will likely retreat by 2024 — FAPRI

Market prices for U.S. corn, soy, wheat and cotton will retreat sharply in the 2023-24 marketing year with normal weather and yields around the world, FAPRI said in an update to its agricultural baseline. However, it expects record wheat and cotton prices in 2022-23. “The war in Ukraine and weather‐reduced crop supplies have contributed to… » Read More

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