Wheat prices fell to a two-month low this week, with the benchmark Kansas City wheat contract falling to $4.72 per bushel on Friday. Prices are under attack due to foreign competition, which is hurting U.S….
Ags
Hog Market Chopped
Pork prices are dropping, with many futures contracts reaching toward new low levels, a sign of renewed pessimism in the near term. U.S. pork production is at a record level, which is overwhelming the market…
USDA Back in Business
After the monthlong government shutdown, the U.S. Department of Agriculture released two months’ worth of crop data. The much-anticipated crop report showed that last fall’s corn and soybean harvests were smaller than previously thought and…
Chinese Trade Deal on Horizon
Soybean prices leapt to a six-week high on Friday after President Trump met with Chinese Vice Premier Liu He, and they made progress toward a deal to settle the ongoing trade war with China. Both…