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Earlier this week, Omaha-Nebraska based Hansen-Mueller Co. filed for Chapter 11 bankruptcy.
In many areas of the Corn Belt, farmers experienced 10-to-50-bu.-per-acre yield losses from disease pressure this year, says Ken Ferrie. In a period of tight margins, timely treatment decisions were more crucial than usual.
Grains futures saw sharp losses on Wednesday on profit taking according to Rich Nelson with Allendale, Inc. However, there were several other factors at play.
Rising prices, stagnant wages and financial pressures are leading many young adults to cut back on eating out.
Grain and cattle markets got hit hard in Wednesday’s trade. Grains remain technically sound while cattle stay volatile. What’s in store for the rest of the week? Tune in to Markets on the Move for Oliver Sloup’s latest breakdown.
Strong demand supports beef prices amid economic volatility, but herd investment and growth slows as producers grapple with increasing uncertainty due to political noise.
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