Wheat prices popped near a one-year high on Friday after Russia announced that it was going to limit grain exports through June due to concerns that the coronavirus was creating food shortages in Russia. Russia…
Ags
Oil Plunges Deeper
Oil prices continued to crash this week, reaching an 18-year low on Wednesday near $20 per barrel. Prices are being eviscerated as Saudi Arabia and Russia continue to pump at a record pace in an…
Wheat Plagued by Drought, Locusts
Wheat prices exploded on Tuesday, gaining over 20 cents per bushel as traders grew concerned about global supply threats. Australia’s crop is suffering due to dry conditions, and a plague of locusts is threatening crops…
China Counters Coronavirus with Stimulus
After being closed for weeks due to the Lunar New Year and coronavirus containment measures, many Chinese companies were set to resume business this week. However, many remain below normal capacity due to supply shortages,…