Last Sunday, Canada joined the United States and Mexico in renegotiated North American Free Trade Agreement (NAFTA). The new deal, dubbed the U.S.-Mexico-Canada Agreement (USMCA), maintains much of the old NAFTA with some new provisions…
Ags
Hog Prices Stampede Higher
Hog prices ran to new highs this week as ongoing concerns about African Swine Fever (ASF) sparked buying. ASF is continuing to expand across China, raising concerns that millions of hogs may need to be…
Soybeans Swing on Hope, Fears
Soybean prices sank near a ten-year low this week, trading on Tuesday for a mere $8.13 per bushel. A record-breaking soybean crop and low foreign demand due to ongoing trade disputes are stifling the market….
Big Crops Yield Low Prices
On Wednesday, the U.S. Department of Agriculture announced its updated estimate of this year’s corn and soybean crops, projecting larger harvests of both commodities. The USDA is now projecting record-high corn and soybean yields of…