Ag Forum Predicts Lower Prices for all Major Commodities

USDA released their annual Ag Forum report this morning

Photo by Amandine L. on Unsplash

USDA provides an annual ag forum in Washington DC every February and as part of that forum they release a report showing their estimates of supply and demand for the various major crops.

We know that 2022 crop year was one of the all-time highs in crop prices and this report shows how much average farm prices have fallen since that crop years.

Here is a table showing the trend in prices for the last four years including projected final average prices for the 2025 crop: