Corn prices for this fall’s harvest continue to trade for $4.20 per bushel, near a two-year high. Prices are being supported by drought and crop shortfalls in China, Brazil, and Argentina. While the United States…
Soybeans Tumble Despite USDA Concerns
On Thursday, the USDA updated its monthly Supply & Demand estimates, showing a much tighter supply outlook for soybeans. The USDA is projecting much lower global soybean production than most analysts had anticipated, and expects…
Kansas Wheat Withers, Prices Explode
Kansas, the number one wheat growing state, is likely facing the smallest harvest in almost 30 years. According to the Wheat Quality Council’s annual crop tour, ongoing drought across the U.S. Southern Plains is likely…
Grains Bounce Back
With weather warming up, Midwestern farmers are just beginning to plant this year’s corn and soybean crops, but many are already thinking ahead to harvest, which is the only time they see income for a…