Cattle and hog prices are taking off as Asian countries continue to struggle with the African Swine Fever epidemic. The disease, which does not affect humans, is widespread in China, Mongolia, and Vietnam, with recent…
Ags
Oil Flares Up on Saudi Attack
Last weekend, Saudi Arabian oil facilities were attacked by missiles and drones, leading to extensive damage. The facilities control the flow of over half of Saudi Arabia’s oil and represent approximately 5% of global production….
Soybeans Shoot Higher
Soybean prices got a lift this week on renewed hopes for a trade deal with China and tighter supply outlooks from the U.S. Department of Agriculture. The monthly USDA report released Thursday morning projected that…
Hog Wild Rally
Hog prices exploded this week, moving the exchange-maximum “limit up” on Thursday and Friday. Prices leapt after news broke of a large Chinese purchase of U.S. pork. China’s ongoing battle with the African Swine Fever…