Decreasing Prices Continue for Corn & Soybeans

Corn and soybean prices steadily declined throughout 2024. Soybean prices were the most negatively impacted experiencing an approximate $3.10 per bushel (/Bu.) decline from a year ago, or 24%, while corn has fallen nearly $0.35/Bu. or 7.5%. Small price improvements occurred during harvest, after drier conditions entered the picture.

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