Hog futures contracts continued exploding higher this week, setting new price records across all contracts. Markets rose the exchange maximum price for two days straight, locked “limit up,” as traders scrambled to buy bacon. Prices…
Author: AmyB
Spicy Pork Market
Pigs are flying higher this week after China made massive purchases of U.S. pork. The U.S. and China are moving ever-closer to a trade deal, and China is desperate for pork due to a disease…
Floods Across Corn Belt
A massive storm swept from Colorado into the Midwest, bringing hurricane-strength winds and blizzard conditions to the western half of the Corn Belt. As the storm moved east, the snow shifted to rain, bringing floods…
Crop Report Shows Big Supplies
The U.S. Department of Agriculture released its monthly outlook on Friday morning, showing more bad news for American farmers. The USDA raised its projections for U.S. stockpiles of corn and wheat by over 5% to…