---
title: Feed prices declining to multi-month lows
description: Feed prices are declining to multi-month lows due to the USDA projections for big crops this fall.
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---

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 May 24, 2023 10:52:41 AM

# Feed prices declining to multi-month lows

![Picture of David Maloni](https://app.hubspot.com/settings/avatar/520f8829ce5a723a41ab6a8a3d9604b0) [David Maloni](https://datumfs.com/en/maloni-intelligence-chart-of-the-week/author/david-maloni)

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The corn markets are trading at some of their least expensive levels in 16 (think: Joe Montana....a Burgh guy) months.   The USDA released their first monthly estimates for 2023-24 domestic and international major crops' production and supplies last week and the news was generally Wayne's World excellent. Assuming the weather cooperates, the available corn supply is anticipated to climb to its best level in several years. And the anticipation of better supplies is driving the corn market downward.

![No alt text provided for this image](https://media.licdn.com/dms/image/D4E12AQGxw2gjOhzkuA/article-inline_image-shrink_1500_2232/0/1684847325868?e=1690416000&v=beta&t=LgWEZ3xaRFXTUNoDh7hx21QZJdTAS7_EIqD6ApO3-04)

Datum FS has forecasts for over 50 commodities comprising various beef, dairy, grains, pork and chicken markets. If you would like to learn more about a complimentary trial to the forecasts and commentary or about Datum FS services hit the home button above. Thanks for reading.

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