As Midwestern farmers prepare to harvest this year’s soybean crop, they are being met with a welcome surprise: rising prices. On Friday, November soybean futures reached a six-week high at $9.85 per bushel as investors…
Author: AmyB
USDA Shows More Corn
This year’s corn crop could be bigger than previously thought. According to U.S. Department of Agriculture’s most recent estimate, the corn harvest this year should near 14.2 billion bushels, potentially the third-largest on record. This…
Hurricane Markets
Hurricanes hitting the Southeast U.S. have typically caused extreme swings in commodity markets as they attempt to assess threats and damage to the natural resources that we depend on for our food, fuel, clothing, and…
Rains Ravage Cotton
Cotton fields were flooded by Harvey as well, destroying up to a half million bales of the crop. Even more production could see quality affected, which can drive up demand and prices for commercial-grade cotton….