Why are corn, soybean prices dropping? | Monday Morning Markets | May 24, 2021

May 24th, 2021

Corn and soybean prices have fallen over the past week after posting recent highs.

Jeff Peterson, the President of Heartland Farm Partners, joined us on Monday morning to discuss the reason for the move.

Topics:

– Corn and soybean markets continue to go lower while there are still problems with the Brazilian corn crop

– Factors to turn this market back higher

– Tight soybean stocks but still weaker basis on soybeans

– Chinese corn demand remains strong

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