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
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
DTN Plains & Prairies Opening Comments
DTN Daily Basis Comments
DTN Plains, Prairies Closing Comments
Informa Lowers Production Potential
DTN Daily Feedstuffs Comments
DTN's Grain Quick Takes
DTN Plains & Prairies Opening Comments
Grain Export Sales Mixed
DTN Daily Feedstuffs Comments
Stocks and Acres