Crop Market Report-December 2020
By Michael Deliberto, Ph.D.
LSU AgCenter
The December 2020 Crop Market Update for Corn, Soybeans, Rice, and Cotton contains a summary of the most recent USDA crop reports. I have included a discussion on the international market dynamics and recent export trends for the aforementioned crops. As it pertains to corn and soybeans, the pace of export sales and levels of domestic ending stocks are proving to be price supportive for both crops. I have also included in the Market Update a brief update on U.S./China trade relations and PLC Farm Payment Projections for the 2020 crop year.