April Grain Bidding

The world of grain does a lot in a minute, let alone a month. Here's what we saw the price of grain do last month:

 

 

 

April soybean prices saw an overall decrease in price across the board. 

 

 

April corn prices saw similar results as beans, however, CHS held their quote of $5.7725/bu. for September '23.

 

 

 

 

Wheat prices in the month of April also saw a decrease.

 

 

The unusual price decline comes from the predicted "record breaking" crop coming out of Brazil's 2023 harvest season. With an expectation to yeild 299.7 million tons of grain, they are climbing up the chart in global grain leaders.