Farms.com Home  › News

Will Crop Prices Continue To Rise?

Canola and soybean prices have been on the rise as of late.
 
Dan Basse is president of AgResource Company in Chicago.
 
We asked Basse if he expects that trend to continue.
 
"We will see that continue if indeed there is a problem with South American crop sizes, either dry weather for Argentina or maybe a lower than expected yield for Brazil," he said. "At this point, China's made big purchases in the United States markets, we do have a new harvest coming forward in Brazil. I think you need be careful of being overly bullish up here, unless you have those crop problems."
Click here to see more...

Trending Video

Will USDA 'Save the Day' in Corn + U S Post Midterm Election Ag Impact

Video: Will USDA 'Save the Day' + U S Post Midterm Election Ag Impact

Will the 2026 USDA November crop report redeem itself after a shocking higher U.S. 2026 corn yield in October?
The Democrats taking control of Congress and the Senate was not on anyone’s bingo card except ours!
The AI stock selloff knee jerk reaction over Dem’s looking to slow done the AI build out is a gift!
The Dems will now try to reign in Trump on the Iran war, tariffs (first 100 days tariffs on Canada could be removed), immigration and the corruption in the Trump administration. E15 and a new farm bill in 2027 may struggle with gridlock in Washington.
Does China walk away with U.S. ag trade as Trump has lost leverage? China to buy more U.S. ag but hinges on U.S. tariff reductions? Hang Tung Resources signs $600 million China agreement of U.S. wheat and sorghum.
Crude oil plunges 8%.
U.S. Midwest soil moisture profile is a concern.
Brazil looks wet in the next 10 days.
Hogs to new contract lows.
+ CFTC