Since global grain prices rebounded during 2019, market watchers are expecting farmers to plant more aggressively in 2020. Many are estimating record-breaking global corn and soybean crops, while wheat production could drop only slightly due…
Wheat Catches Fire
Wheat exploded to a 16-month month high on Friday, with prices for the Chicago wheat contract topping $5.60 per bushel. The market is being bolstered by potential Chinese demand. Following the trade deal, market watchers…
U.S. Mexico Canada Trade Deal Closer
Just a day after a raucous and divisive impeachment vote, the U.S. House of Representatives overwhelmingly passed a bipartisan vote to approve the updated NAFTA deal. Dubbed the “USMCA,” the new trade agreement is being…
Trade Truce Boosts Markets
After months of talks, rumors, and denials, it appears that the United States and China have finally reached a deal to deescalate the trade war. In announcements this week, both sides say they are reaching…