FAPRI Releases Market Outlook

The University of Missouri Food and Agricultural Policy Research Institute is out with its annual agricultural market outlook. For 2025, corn and soybean prices are forecast to average $4.23 and $10.02 per bushel respectively. Those values are down significantly from the peak in 2022-2023. Prices for most crops are down from the highs from two-to-three years ago. Low feed costs have improved the profitability of pork, poultry and dairy farms. Cattle prices are record high. FAPRI said the current positive returns for cow-calf operations will eventually cause the cycle to turn, and cattle prices are projected to drop again after 2027.