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Lack of 2024 Ag Market Shocks

Dan Agri-Business, Economy

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Compared to the past four years, 2024 seemed quiet regarding the lack of a singular event causing shocks in the farm market and farm prices, according to USDA’s Chief Economist Seth Meyer. He discusses how the year resulted in minimal shock in crop markets and little in price moderations.

And Meyer talks about the potential of a shock to agricultural markets in 2025 that could produce commodity price impacts.