US milk futures contracts have collapsed to a six-year low as dairy farmers boost production amidst slowing consumption. Slowing Chinese demand, Russian bans on US milk, and Americans’ preference for alternative drinks have left dairy…
Author: superadmin
Soybean Supply Squeezed
The US Department of Agriculture shocked markets on Tuesday with an outlook for a much tighter global soybean supply. US stockpiles could run low by the end of the summer, which led end users and…
Corn Planting Pressure Prices
Corn farmers have been hard at work planting this year’s crop, and now have over half of their acreage planted nationwide after this week’s dry weather let them get into their fields. On average, those…
Beef Market Crumbles
While most commodities had a sharp rise this week, cattle prices collapsed to a four-month low, trading under $1.23 per pound. Prices are plunging due to the cattle supply outweighing beef demand. Cold, rainy weather…