Hard red spring wheat futures leapt to the highest price since 2014 as farmers are grappling with exceptionally dry conditions in the northern United States. A drought in North Dakota and nearby states has sapped…
Weather Worries Farmers
This spring was one of the wettest on record, drenching Midwestern fields and slowing down spring planting. At this point, corn and soybean planting is still nearing complete, but is a bit behind schedule. Even…
Budget Cut Takes Aim at Agriculture
The White House’s proposed federal budget includes a $38 billion cut for farm support, the bulk of which rests on a $29.5 billion cut of the federal crop insurance program. Many farmers showed their distaste…
Wheat Storms Higher after Snow
Last weekend, a massive snowstorm dumped up to 20 inches of snow on western Kansas and nearby states. This late-season storm devastated wheat fields as snow smashed emerging plants and below-freezing temperatures threatened to damage…