Corn, soybean prices in flux amid questions about long-term war impacts

Initial price surge likely overestimated war impacts, but some cost increase will persist, economist says.

Agricultural field showing soybean crop on left and tall corn stalks on right under clear blue sky
Oleksandr Yucynskyi | BigStock.com

Corn and soybean prices have plunged since the first of June as markets — and oil markets in particular — and concern about the war in Iran has eased.

But they probably won't return to pre-war prices this year, according to Bob Maltsbarger, a senior research economist at the University of Missouri's Food & Agricultural Policy Research Institute.

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