Hog futures collapsed this week as markets grew increasingly worried about U.S. exports of pork. The market rallied into the new year on the expectation of the trade deal with China but have been disappointed…
Corn Market Pops
The corn market is heating up, reaching $3.94 per bushel on Thursday, a three-month high. Prices are rallying as foreign buyers look to U.S. corn for their import needs, since our crop is inexpensive compared…
Trade Deals Signed, Now What?
On Thursday the U.S. Senate overwhelmingly ratified the U.S.-Mexico-Canada Agreement (USMCA), an update to the 90’s-era NAFTA deal. The new pact is largely similar to NAFTA but has some key provisions to support U.S. auto…
More Corn and Soybeans than Expected
The USDA’s January report, issued midday Friday, has been long-awaited as a final tally on 2019’s tumultuous crop year. While many market watchers were anticipating another cut to the estimates of the 2019 harvests of…