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Weekly Farm Economics: Corn and Soybeans Economics in 2024 and 2025: Back to the New (Old) Normal?

Author

Listed:
  • Schnitkey, Gary
  • Paulson, Nick
  • Zulauf, Carl

Abstract

In recent months, corn and soybean prices have trended lower, leading to questions about longer-run prices. Recent price patterns suggest that 2021 through 2023 was a transitory period of higher prices, and now we may be returning to a period of lower prices. Those price patterns are reminiscent of the past, suggesting potential for a multi-year period of lower incomes. Overall, thoughtful use of financial resources is prudent, as is always the case in Corn-belt farming.

Suggested Citation

  • Schnitkey, Gary & Paulson, Nick & Zulauf, Carl, 2025. "Weekly Farm Economics: Corn and Soybeans Economics in 2024 and 2025: Back to the New (Old) Normal?," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 14(126).
    • Handle: RePEc:ags:illufd:358480
    DOI: 10.22004/ag.econ.358480
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