Corn prices collapsed this week on the heels of a USDA report projecting a sharp increase in corn acreage this year. According to the Projected Plantings Report, US farmers could plant a whopping 93.6 million…
Ags
Soybeans Surge
After touching a three-month low on Tuesday, the soybean market roared back, climbing 20 cents per bushel by Friday, a welcome rally for farmers after two weeks of falling prices. Prices bounced on news that…
Corn Acres Flood Market
US corn farmers are likely to plant an additional 2 million acres of corn this spring, according to the newest outlook from the USDA that pegged plantings at 90 million acres in total. This projection…
World Awash in Wheat
The world is swimming in wheat, much to the dismay of farmers. This year’s global wheat harvest is projected to be the largest ever, and stockpiles are expected to reach an all-time high near 240…