Grain Markets Ignore USDA

Still reeling from a shocking U.S. Department of Agriculture report two weeks ago, farmers anxiously awaited the USDA’s newest outlook on this year’s corn, wheat, and soybean crops on Thursday morning. After this spring’s devastating…

China Talks Stall

The newest round of trade talks between the U.S. and China last weekend proved to be largely fruitless, with little by way of new commitments from either side. The ongoing trade war has seemingly settled…

USDA Shocks Markets

On Friday morning, the U.S. Department of Agriculture released its “Planted Acreage” report that shocked markets by showing far more corn acres and fewer soybean acres than anticipated. After a terribly wet spring and widespread…

Hogs Fall on Record Pork Production

The price of livestock took a tumble this week, led by hogs which dropped due to slow sales to China. Hogs hit the lowest level in many months and touched the permissible “limit down” on…