On Wednesday, then-President-elect Trump named the final member of his Cabinet, selecting former Georgia governor Sonny Perdue as Secretary of Agriculture. If approved by the Senate, Perdue will take lead of the USDA, a government…
Wheat Rises but Beans Fall
Reports of trouble on the Great Plains served as a leavening agent for wheat prices this week, sending the market to new monthly highs. Oklahoma and Kansas are both major wheat-producing states and their hard…
Future File: New Year’s
The saga of Donald Trump defeating Hilary Clinton in the U.S. election wins the award for Commodity Story of the Year. Although President-elect Trump’s policies, cabinet appointments, and doctrine have yet to be finalized, we…
Cattle Rally on Bone-Chilling Forecast
Cattle prices neared a four-month high this week as Arctic temperatures descended across the Great Plains. Subzero temperatures prevent cattle from gaining weight, limit the ability to bring them to market, and can even kill…