grain traders

Farm Credit Outlook Shows Prices for Grains to Strengthen

Dan Corn, Economy, Industry News Release, Wheat

An outlook presented to the Farm Credit Administration shows corn and soybean prices are projected to strengthen, boosting profit margins for crop farmers. The report shows profit margins are expected to decline for livestock producers though, as rising grain prices drive up feed costs, and Southwest pasture conditions deteriorate because of severe drought. The quarterly report also notes that uncertainties …