After a brief rally, hog prices ended on the chopping block again, falling to a 20-month low near 50 cents per pound. Prices are tumbling as U.S. trade delegations have failed to make headway with…
Corn Sags to New Low
Corn prices dropped under $3.50 per bushel on Friday, the lowest level in over a month. Corn slid as a national crop tour projected a large corn harvest, helped along by much-needed rains during August….
Drought Burns Farmers Globally
As summer comes to an end, farmers around the world are desperate for rain, with many having lost crops and livestock to dry conditions. Australia is suffering from its worst drought in memory, which has devastated…
Meat Glut Hangs over Markets
U.S. producers of beef, pork, chicken, and turkey may produce over 100 billion pounds of meat this year, a record that is causing a stomachache for markets. Most U.S. livestock is fed a diet that…