2017 marked another year of grain surpluses, with near-record global harvests of corn, soybeans, and wheat. Many U.S. farmers saw hearty harvests this year but were disappointed with low prices that ensued. Fearing that the…
Author: AmyB
Cattle Drive Lower
Beef prices ground to a new low this week as investors bailed out of the cattle market. Last month, buyers had been making bets on rising prices on hopes of rising demand, but they have…
Wheat Market Withers
Wheat prices drilled into new lows this week, with prices for Chicago and Kansas City wheat futures nearing $4.00 per bushel. The market lost ground as foreign competitors, like Russia and Australia, undercut American wheat…
Cheapest Thanksgiving in Five Years
A traditional Thanksgiving feast for 10 should be under $5 per person this year, according to the American Farm Bureau Federation. Prices fell from last year especially for turkey, which is dropping due to low…