U.S. farmers are cutting back on corn and soybean acreage this year, according to the U.S. Department of Agriculture’s annual Prospective Plantings report. Disappointed by low prices, farmers are projected to reduce corn acreage by…
Author: AmyB
Trade Wars: China Strikes Back
On Thursday, President Trump announced a slew of potential actions against China, including tariffs on $60 billion in Chinese imports. The White House is hoping to use these threats to bolster negotiations surrounding trade, U.S….
Wheat Prices Wither
After climbing to seven-month highs earlier this month, wheat prices have crumbled by nearly 10%. The market had exploded higher on drought concerns in the Great Plains, where much of the American wheat crop is…
Corn Market Pops
Corn prices burst higher this week, reaching levels not seen since last summer. Prices have been climbing consistently for almost two months as concerns mount about weather problems in South America affecting the upcoming corn…