After months of posturing, the first cannonballs in the trade war between the U.S. and China were fired on Friday morning, as each nation officially imposed $34 billion in tariffs on one another’s exports. President…
Grain Prices Rally
On Friday morning, the U.S. Department of Agriculture updated its estimates of this year’s planted acreage for corn, wheat, and soybeans. While most of the report matched expectations, corn acreage jumped by over a million…
Soy Slides to New Low
Soybean prices collapsed to a nine-year low this week after another round of escalated trade disputes between the United States and China. Beans fell to $8.41 per bushel on Tuesday after President Trump threatened to…
Soybean Market Scorched by Trade Talk
The U.S. soybean crop continues to look exceptional, and there are few weather problems expected that could derail a near-record sized crop. However, dark clouds are forming over the market as trade disputes deepen between…