FAPRI’s Market Outlook Released by Red River Farm Network
The University of Missouri Food and Agricultural Policy Research Institute (FAPRI) has recently published its annual agricultural market outlook for the year 2025. According to the report, corn and soybean prices are anticipated to average $4.23 and $10.02 per bushel, respectively. These figures represent a significant decrease from the peak prices observed in 2022-2023. In general, prices for most crops have declined from the highs seen two to three years prior.
One factor contributing to this shift in prices is the decrease in feed costs, which has led to improved profitability for pork, poultry, and dairy farms. In contrast, cattle prices are currently at record levels. FAPRI predicts that the positive returns seen in cow-calf operations will eventually prompt a shift in the market cycle, leading to a decrease in cattle prices after the year 2027.
Overall, the agricultural market outlook for 2025 points to a more subdued pricing environment compared to previous years. While this may present challenges for some sectors of the industry, it also offers new opportunities for farmers to adapt and innovate in response to changing market conditions. By staying informed and proactive, agricultural businesses can position themselves to thrive in this evolving landscape.
In conclusion, the FAPRI market outlook provides valuable insights into the expected trends and developments in the agricultural market for the upcoming year. It underscores the importance of staying vigilant and adaptable in the face of fluctuating prices and evolving market dynamics. Farmers and industry stakeholders can use this information to make informed decisions and strategic plans to navigate the changing agricultural landscape successfully.