Markets - General
Grain markets moved higher this week. July corn was up 46¢ and December corn was up nearly 31¢. July soybeans were up just over 48¢ while November soybeans were up 40¢. All wheat prices were up as well.
Farmers reported selling old crop soybeans for $18 and cash corn sits above $8 in some areas. The prices are proving to be painful for pork producers sourcing feed, and it’s possible those prices climb even higher.
Welcome to a tale too insane for fiction: a cottonmouth farmer seeking a snake venom crop for harvest.
Tensions between Russia and the West are escalating as Russian President Vladimir Putin warned that Moscow would strike new targets if the U.S. supplied long-range missiles to Ukraine, according to Russian state media.
Farmers in North Dakota are busy planting this weekend. But with water still standing in fields, there’s the possibility of 1 million acres in prevent plant. Tommy Grisafi and Brian Splitt break down the markets.
USDA’s first official look at the 2022/23 marketing year is the foundation from which supply and usage estimates will be fine-tuned in the next 16 months.
What are the most popular crops and livestock produced across the globe? Let’s take a journey around the world of agriculture.
It was another volatile week in the markets. After soybean prices saw consecutive days of prices falling double-digits, the market rebounded Thursday and Friday. Arlan Suderman and Chip Nellinger navigate the markets.
U.S. soybean futures fell on Wednesday, with forecasts for improved planting weather in northern growing areas pressuring prices.
Worries about surging inflation and rising interest rates have pummeled the U.S. stock market this year.