USDA s Grains and Oilseeds Outlook for the upcoming 2024-25 marketing year sees the highest corn ending stocks since the 2005-2006 season, while the soybean stocks are forecast to increase 120 million bushels. Prices are forecast to average $4.40 per bushel of corn and $11.20 per bushel of soybeans.
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Retail fertilizer prices were mixed again in the second week of December 2023 with prices for five of the eight major fertilizers lower and prices for the other three slightly higher than last month. UAN28 and urea again led fertilizer prices lower, both down 6% from last month.