Corn and soybean futures had a stormy week as producers, traders, and end users tried to track the weather and growing conditions across the country. Both crops are at a critical point in the growing…
Grains Take a Nosedive
For the past two weeks, grain markets had been exploding higher on fears of hot and dry weather in the forecast, which could threaten this year’s crop yields. But on Wednesday, the USDA stunned markets…
Dollar Down the Drain
The U.S. dollar dropped to a ten-month low on Friday, falling in value against its major trading partners. A declining dollar is both a blessing and a curse, depending on your viewpoint. For people who…
Soy Soars to New High
Soybean prices exploded to a three-month high this week, nearing $10.00 per bushel on Friday morning. The market already had momentum from a USDA report showing that fewer soybean acres were planted this spring than…