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

USDA Relief Rally + Can the Bulls WIN U.S. Thanksgiving & Christmas?

Video: USDA Relief Rally + Can the Bulls WIN U.S. Thanksgiving & Christmas?

The 2026 USDA November crop report was “friendly” corn and soybean neutral/bearish wheat mad may have stopped the fund bleeding for now. China extends tariff truce for 2-months why not 1 year? Wants 30-30 initiative completed ASAP. USDA Baseline Projections see more 2027 wheat and soybean acres less corn. The last 30-days has been dry for Brazil but monsoonal rains over the next 7-10 days an anchor on soybean futures. New highs in U.S. $ Index & new lows in the CDN $. There were no break throughs in the peace talks with Ukraine-Russian war in Abu Dhabi. The Godfather of AI Jensen Huang resins at NVDA as CEO over the spy scandal + CFTC.