Soybean prices rallied for a third straight week, nearing one-year highs on Friday. The market is climbing as dry weather continues to plague Argentina, the world’s third-largest soybean exporter. As Argentinian farmers lose more of…
Coming up Short South of the Equator
Tales of woe when discussing the weather in Argentina have become a popular topic among U.S. farmers recently. The February USDA Supply and Demand Report posted February 8, 2018 had the following to say about…
Soybeans Soar on Drought Fears
Soybean prices neared a one-year high on Friday, rallying as traders grew concerned about weather in Argentina. Hot, dry weather is plaguing the South American crop and could reduce yields significantly in the world’s third-largest…
Corn Prices Sprout
Corn prices have been steadily climbing for the last three weeks, and quietly reached a six-month high on Thursday. Prices have been gaining on hopes for more U.S. corn exports as our biggest competitor, Argentina,…