Soybean prices finally found their footing, reaching $10.00 per bushel on Friday for the first time since late July. Farmers rejoiced as the USDA projected increasing demand for U.S. soybeans over the past few months,…
Ags
Harvest Progresses Slowly
Corn and soybean harvest is in full swing, but most farmers are behind schedule compared to usual. As of last Sunday, only 17% of the corn crop had been harvested, compared to a five-year average…
Healthier Wheat Harvest
U.S. farmers produced more wheat than expected this year, per the USDA. This summer’s drought in the Upper Midwest, especially North Dakota, damaged wheat production, but farmers likely produced a sufficient wheat crop. In its…
Perkier Hog Herd
U.S. pig farmers are running wild and now have a record number of hogs, according to a quarterly report from the USDA released on Thursday. Total inventories stand at 73.5 million animals, up 2% from…