Hog prices surged this week to five-month highs as fears spread about a potential summer pork shortage. USDA data suggested 2% fewer slaughter-ready animals this summer and also showed that the animals were lighter than…
Author: superadmin
Soybeans Surge
After touching a three-month low on Tuesday, the soybean market roared back, climbing 20 cents per bushel by Friday, a welcome rally for farmers after two weeks of falling prices. Prices bounced on news that…
Steak Market Sizzles
Cattle charged to a four-month high on Friday, pushing over $1.38 per pound. Prices have been rising as demand from meatpackers picks up as they prepare for spring cookouts. Retailers are hoping that relatively cheap…
Corn Acres Flood Market
US corn farmers are likely to plant an additional 2 million acres of corn this spring, according to the newest outlook from the USDA that pegged plantings at 90 million acres in total. This projection…