Hog prices reached a one-month high on Friday, trading over 84 cents per pound. Prices are climbing on renewed expectations that China will need to buy more U.S. pork as it continues to struggle with…
Grain Markets Ignore USDA
Still reeling from a shocking U.S. Department of Agriculture report two weeks ago, farmers anxiously awaited the USDA’s newest outlook on this year’s corn, wheat, and soybean crops on Thursday morning. After this spring’s devastating…
China Talks Stall
The newest round of trade talks between the U.S. and China last weekend proved to be largely fruitless, with little by way of new commitments from either side. The ongoing trade war has seemingly settled…
USDA Shocks Markets
On Friday morning, the U.S. Department of Agriculture released its “Planted Acreage” report that shocked markets by showing far more corn acres and fewer soybean acres than anticipated. After a terribly wet spring and widespread…