FAPRI update: Will $4 corn be the new normal?
Story Date: 9/2/2014

 

Source: Sara Wyant, AGRI-PULSE, 8/28/14

In what could be great news for livestock and poultry producers and a gut-check for many corn, soybean and cotton growers, the latest baseline projections from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri suggests that corn prices could hover near $4/bu. through 2020, after dropping down to $3.89/bushel in 2014-15.

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