Corn and wheat prices collapsed to new lows this week, disappointing farmers. Corn was especially damaged by a lack of a trade deal with China. That market had been hoping for increased corn and ethanol…
Author: AmyB
Crop Outlook Shows More Corn
The U.S. Department of Agriculture released its outlook for the coming year on Friday morning, showing a drastic swing for U.S. farmers away from planting soybeans towards corn. Many Midwestern farmers make an annual decision…
Meat Markets Diverge
Cattle prices continued higher this week, reaching a one-year high, even as hogs dropped to a six-month low. Beef has been gaining steam as consumer demand has been strong, and a harsh winter in the…
Wheat Market Withers
Wheat prices fell to a two-month low this week, with the benchmark Kansas City wheat contract falling to $4.72 per bushel on Friday. Prices are under attack due to foreign competition, which is hurting U.S….