Delivering Value through Organic and Tuck-in Growth slide image

Delivering Value through Organic and Tuck-in Growth

US Season Average Realized Prices Crop prices remain high, supported by tight supplies and the need to attract sufficient 2022 production Corn Avg. Realized Price USD/bushel $6.89 Soybean Avg. Realized Price USD/bushel N 222 $14.78 $14.40 $6.07 $13.00 $13.00 $5.45 $10.90 $4.46 $4.45 $10.10 $9.47 $8.95 $9.33 $8.48 $8.57 $3.70 $3.61 $3.61 $3.36 $3.36 $3.56 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21E 21/22F 2022 Futures 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21E 21/22F 2022 Futures Wheat Avg. Realized Price USD/bushel $8.62 $7.30 $5.16 $5.05 $4.72 $4.58 $6.87 $5.99 $4.89 $3.89 $7.77 السستاا 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21E 21/22F 2022 Futures Cotton Avg. Realized Price USD/lb Note: 2022 futures prices reference September 2022 Wheat, November 2022 Soybean, December 2022 Corn, December 2022 Cotton, as of February 23, 2022. $1.02 $0.90 $0.78 $0.73 $0.68 $0.69 $0.70 $0.67 $0.61 $0.61 $0.60 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21E 21/22F 2022 Futures March 2022 Source: USDA, Bloomberg
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