Last weekend, Saudi Arabian oil facilities were attacked by missiles and drones, leading to extensive damage. The facilities control the flow of over half of Saudi Arabia’s oil and represent approximately 5% of global production….
Soybeans Shoot Higher
Soybean prices got a lift this week on renewed hopes for a trade deal with China and tighter supply outlooks from the U.S. Department of Agriculture. The monthly USDA report released Thursday morning projected that…
Hog Wild Rally
Hog prices exploded this week, moving the exchange-maximum “limit up” on Thursday and Friday. Prices leapt after news broke of a large Chinese purchase of U.S. pork. China’s ongoing battle with the African Swine Fever…
Corn Prices in the Dirt
Corn tumbled again this week to as better crop conditions and warmer weather reduced threats to this year’s crop. Meanwhile, U.S. ethanol production is near a six-month low and stockpiles of the fuel continue to…