On Friday, the U.S. Department of Agriculture released a slew of data about the corn, wheat, and soybean markets. Ultimately, the reports projected larger corn and wheat supplies than expected and generally showed lower demand…
Ags
Record American Meat Consumption
Americans’ love of meat is expected to hit a new high, according to a projection from the USDA. The government agency expects Americans to consume an average of 222 pounds of red meat and poultry…
Grain Surplus Hangs Over Markets
2017 marked another year of grain surpluses, with near-record global harvests of corn, soybeans, and wheat. Many U.S. farmers saw hearty harvests this year but were disappointed with low prices that ensued. Fearing that the…
Cattle Drive Lower
Beef prices ground to a new low this week as investors bailed out of the cattle market. Last month, buyers had been making bets on rising prices on hopes of rising demand, but they have…