Cattle prices collapsed this week, falling the exchange-maximum for two days straight, after a major meat processing plant was closed. A Tyson Foods Inc. facility in Kansas was damaged by fire last week and will…
Crop Report Crushes Corn
The much-anticipated U.S. Department of Agriculture report released Monday sent the corn market careening limit-down after the USDA projected a far larger corn crop than had been anticipated. Most market watchers expected the USDA to…
Farmers on Edge Ahead of Crop Report
Next Monday, the U.S. Department of Agriculture will release its newest estimates on the U.S. corn, wheat, and soybean crops, as well as an outlook for global supply and demand. After flooding devastated many Midwestern…
New Trade Skirmish, New Market Lows
President Trump announced a new round of tariffs against China on Thursday, implementing a new 10% tax on $300 billion of Chinese goods. He cited China’s complicity in the ongoing U.S. opioid epidemic as well…