Corn and soybean prices tumbled to a four-month low this week as farmers watched good weather send prices into the dust. The corn crop is almost entirely in the ground and soybeans are nearing 75%…
Author: alex Breitinger
Pork Market Sizzles Higher
Hog futures are nearing a one-year high, trading Friday for over 80 cents per pound. Prices are exploding as short-term supplies run low as meatpackers buy hogs ahead of the grilling season and Father’s Day….
Soybeans Tumble Despite USDA Concerns
On Thursday, the USDA updated its monthly Supply & Demand estimates, showing a much tighter supply outlook for soybeans. The USDA is projecting much lower global soybean production than most analysts had anticipated, and expects…
Livestock Herds Expanding
Two reports on Friday from the USDA showed that cattle and hog herds continue to expand in the United States, likely signaling record beef and pork production in 2018. For livestock producers, this expansion has…