Dairy prices are bubbling higher, nearing a five-year high. The widely-followed Class III milk futures, which is used to make hard cheeses, recently topped 20 cents per pound for the first time since 2014. Prices…
USDA Sends Mixed Signals
On Friday, the U.S. Department of Agriculture (USDA) released its newest outlook on this year’s corn and soybean crops. The government agency projected a slightly smaller corn harvest, while holding the size of the bean…
Cattle Charge Higher
Cattle futures exploded to a six-month high this week on the heels of strong cash market demand and hope for more agricultural exports to China. Since early September, December cattle futures have risen more than…
Cold Snap Spooks Commodities
Frigid temperatures are descending across much of the United States, bringing snow and ice to many Midwestern states. The early snow is adding stress for farmers who are already behind on harvesting this year’s corn…