Trade Truce Boosts Markets

After months of talks, rumors, and denials, it appears that the United States and China have finally reached a deal to deescalate the trade war. In announcements this week, both sides say they are reaching…

Chinese Trade and Politics Don’t Mix

Trade war watchers got mixed signals again this week as U.S. politics muddied the potential for a trade deal. After Congress and President Trump passed a near-unanimous critique of China’s handling of Hong Kong’s democracy…

Slow Corn Harvest

Midwestern corn farmers are hard at work harvesting this year’s corn crop, but they are still far behind schedule. As of last Sunday, only 76% of the U.S. corn crop had been harvested, well below…

Boom, Bust, then Boom Again?

The milk market’s swings are a sour reminder of boom and bust cycles that are pervasive in commodity production. High prices encourage producers to invest in expanding operations, which leads to rising production and, eventually,…