On a special edition of the Monday Morning Markets conversation, Jeff Peterson of Heartland Farm Partners looks back on the markets in 2020.
Specifically, Jeff breaks down the increases seen in the corn and soybean markets.
March Corn Futures
Dec. of 2019: $3.88
Dec. of 2020: $4.52
January Soybean Futures
Dec. of 2019 $9.39
Dec. of 2020: $12.68
Jeff described the factors that influenced this year’s trade as well. For corn, it was more of the domestic production that pushed prices higher. Soybeans were helped out by the increase in demand, particularly from China.