The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
The FBN Team provides a macro-focused daily view of the world’s grain markets. Kevin McNew received a bachelor’s degree from Oklahoma State University and his master’s and Ph.D. degrees in Economics from North Carolina State University. He spent 10 years as a Professor of Economics with the University of Maryland and Montana State University focusing on commodity markets and is widely regarded for his ability to boil-down complex economic situations into easy-to-understand concepts for applied life.
Smithfield Imports Corn From Brazil To The U.S.
China To Import Remainder of U.S. Soybeans and Will Add To Reserves
The risk of trading futures, hedging, and speculating can be substantial. FBN BR LLC (NFA ID: 0508695)
Import corn from Brazil not good for USA framers. Add a $5.00 tax a bushel on the corn shipped in to USA. BOYCOTT Smithfield Foods.
Corporate greed, that's all.
American farmers need to figure out that any business that can screw over a farmer will. Every month the usda comes up with more corn on hand than the previous month, but now we already have companies buying from south america instead of the united states when U.S. farm bankruptcy rates are skyrocketing. Lets thank all these companies that have got rich off off farmers only the screw them over as fast as they can