Cotton prices exploded to a four-year high this week, trading over 96 cents per pound on Tuesday. Prices are being boosted as farmers across the South are struggling with weather issues. In the Southeast, heavy…
Author: AmyB
Wheat’s Getting Baked
Wheat spiked Thursday to the highest level seen in nearly a year as the drought centered in Oklahoma continued to worsen while dry conditions in Canada, Russia, and Australia added to concerns about world supplies. Kansas…
Global Corn Shortage Looms
Corn prices for this fall’s harvest continue to trade for $4.20 per bushel, near a two-year high. Prices are being supported by drought and crop shortfalls in China, Brazil, and Argentina. While the United States…
Kansas Wheat Withers, Prices Explode
Kansas, the number one wheat growing state, is likely facing the smallest harvest in almost 30 years. According to the Wheat Quality Council’s annual crop tour, ongoing drought across the U.S. Southern Plains is likely…