Despite a couple down days in the commodity markets, core commodity prices were on a solid run in the past couple of weeks. And as a bull market continues to take shape, there are a few key factors in the driver’s seat
USDA's Chief Economist says the battle for 2021 acreage is on, and it may even bid into specialty crop acres amid strong signals that China plans to continue buying corn and soybeans.
U.S. corn and soybean futures retreated on Thursday after the Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record.
Watch live as USDA Chief Economist Dr. Seth Meyer joins U.S. Farm Report's Tyne Morgan to talk acreage projections, livestock price estimates and more data released at the USDA Outlook Forum.
After consecutive years of stagnant commodity prices for some crops, the market has flipped. From lack of volatility to extreme price moves today, some think the volatility may be here to stay.?
CME Group on Wednesday reported quarterly earnings that beat Wall Street expectations, but revenue declined as the COVID-19 pandemic and its economic fallout hurt demand for some of its top products.
“The trade really wanted to see USDA get more aggressive on increasing corn export demand, especially after all the sales we had seen to China about two weeks ago,”
A far cry from this time last year, farmers are actually asking the question ‘what should I add?’ versus ‘what do I need to cut?’ With skyrocketing commodity prices, farmers have the opportunity to experiment.
