Prices for wheat continued exploding higher this week, led by Minneapolis spring wheat, which hit a three-year high on Friday. The spring wheat crop is especially threatened by widespread drought in the northern Great Plains,…
Author: alex Breitinger
Brazilian Steaks Banned
The USDA announced a ban of Brazilian beef on Thursday, a move that caused a flurry in the global meat markets. Brazil is one of the world’s largest beef and poultry exporters, but its beef…
Storm Cindy Dumps Rain
As Tropical Storm Cindy made landfall in Louisiana this week, citizens and market watchers braced for its impact. One big concern was that the storm could flood rice-growing areas of Louisiana, which sent prices to…
Wheat Springs Higher
Hard red spring wheat futures leapt to the highest price since 2014 as farmers are grappling with exceptionally dry conditions in the northern United States. A drought in North Dakota and nearby states has sapped…