This year’s corn crop could be bigger than previously thought. According to U.S. Department of Agriculture’s most recent estimate, the corn harvest this year should near 14.2 billion bushels, potentially the third-largest on record. This…
Hurricane Markets
Hurricanes hitting the Southeast U.S. have typically caused extreme swings in commodity markets as they attempt to assess threats and damage to the natural resources that we depend on for our food, fuel, clothing, and…
Rains Ravage Cotton
Cotton fields were flooded by Harvey as well, destroying up to a half million bales of the crop. Even more production could see quality affected, which can drive up demand and prices for commercial-grade cotton….
Soybeans Sail on Export Demand
Even though the USDA recently projected a 49.4 bushel per acre national average soybean yield and record size bean crop, large exports to China and elsewhere helped prop up prices early in the week. Though…