NEWS
USDA Releases 10-Year Baseline
Katie Micik DTN Markets Editor
Thu Feb 13, 2014 01:25 PM CST

OMAHA (DTN) -- USDA expects U.S. crop prices to decline in the near term but remain above 2007 levels over the next decade, according to its annual baseline projections.

"In the near term, the agricultural sector continues to respond to high prices for many farm commodities in recent years. Global agricultural production of most major crops remains higher, for example, and prices initially fall," the report stated.

"Following those near-term adjustments, long-run developments for global agriculture reflect steady world economic growth and continued global demand for biofuels. Those factors combine to support longer-run increases in consumption, trade and prices of ...

Quick View
  • Dr. Dan Talks Agronomy Can you trim inputs while growing soybeans in 2015? Here's a look at what you can and can't cut.
  • Fescue Workaround Fescue can be a challenge, but Butch Foster said he and his dad, Bob, put 200 to 250 pounds on ca...
  • Ask the Taxman by Andy Biebl Readers pose tax questions on how to justify repairs, handle capital gains on a residence and com...
  • Senior Partners - 1 Think how rural communities could rejuvenate if farmland rents stayed local rather than flowing t...
  • Sample With Precision Dan Davidson looks at how to measure the horsepower of your soil with the Solvita soil respiratio...
  • USDA Defines Actively Engaged Under the 2014 farm bill, family operations are exempted from proposed changes in actively engage...
  • New Paths Max payments forecast in areas of hardest-hit 2014 corn yields.
  • She's Got It All Alicia Mielke is a farm girl originally from Harrington, Wash., who continues to lend a hand to h...
  • Ask the Vet Would a bull with an undescended testicle or one that was a hard pull at birth be worthy of breed...
Related News Stories
DTN Daily Basis Comments
DTN Plains, Prairies Closing Comments
DTN's Grain Quick Takes
DTN Daily Feedstuffs Comments
DTN Plains & Prairies Opening Comments
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
Fundamentally Speaking
DTN Plains & Prairies Opening Comments
Corn, Soybean Export Sales Bullish