Record sub-zero temperatures brought into the Midwest this week by the polar vortex caused temporary excitement in heating oil and cattle prices but, by week’s end, the bitter cold nightmare was forgotten as supplies of…
Ags
China Talk Helps Soybeans Climb
Reports that next week’s U.S. and China trade talks could be extended and result in a grain deal gave a kick to bean prices. The rumored deal might include annual imports of $30 billion dollars of U.S….
Sour Outlook for Orange Juice
There was nothing sunny about the frozen concentrated orange juice futures market as it neared a three-year low this week under $1.19 per pound. Prices are dropping as Florida prepares to harvest an orange crop…
Beef Grinds Higher
Cattle prices are continuing to climb, reaching an 11-month high on Friday above $1.25 per pound. Beef demand has been strong as the U.S. economy continues its steady expansion, giving consumers more confidence that they…