Corn tumbled again this week to as better crop conditions and warmer weather reduced threats to this year’s crop. Meanwhile, U.S. ethanol production is near a six-month low and stockpiles of the fuel continue to…
Ags
Dorian Spares Florida Oranges
Hurricane Dorian devastated the Bahamas and brought high winds, tornadoes, and dangerous flooding along much of the Atlantic Coast of the United States, but the storm largely spared inland Florida, leavings its orange groves intact….
Hopes for Cooling Trade Tensions
Hogs, soybeans, and stock indexes rose sharply midweek following comments from China’s Commerce Ministry that both countries remain in communication over possible new trade talks. Stepping back from the trade war could especially help beans…
O.J. Jumps on Hurricane Threat
Orange juice prices exploded toward week’s end as meteorologists predicted a major hit to Florida’s citrus growing region. The strong winds and saturated soil can cause long-term damage to orange trees and cut yields dramatically….