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Price discovery suggests price will go high enough until demand is curbed sufficiently so we will not run out of stocks, but someone(s) might have to use less.
World Weather Inc. predicts the Midwest will see a mix of rain and sunshine during the next two weeks.
CME Group announced some price limits for grains and oilseeds would be reset starting May 1 for the trade date of May 2, 2022.
North Dakota’s weather took a sharp turn with a blizzard Easter week. With multiple blizzard making it though for ranchers, and then heavy rain that fell this past weekend, portions of North Dakota are seeing flooding.
Higher prices at the grocery store don’t seem to be causing consumers to veer away from the meat counter. Robust meat demand abroad is also setting sail, despite inflation and shipping struggles.