The average price per ton of grain in the United States varies by crop, but corn, wheat and soybeans are the major grains. These prices are greatly influenced by market supply and demand balance, weather, export trends and government agricultural policies. For example, corn prices are prone to fluctuations due to increased demand for ethanol and for animal feed. It is also influenced by global food supplies and is often linked to trends in international prices. Overall, grain prices are an important indicator in the agricultural economy.
license
CC BY 4.0
Reference
U.S. Department of Agriculture – Large Datasets (qs.crops_20240504.txt.gz)
Comments