Since global grain prices rebounded during 2019, market watchers are expecting farmers to plant more aggressively in 2020. Many are estimating record-breaking global corn and soybean crops, while wheat production could drop only slightly due…
Wheat Catches Fire
Wheat exploded to a 16-month month high on Friday, with prices for the Chicago wheat contract topping $5.60 per bushel. The market is being bolstered by potential Chinese demand. Following the trade deal, market watchers…
U.S. Mexico Canada Trade Deal Closer
Just a day after a raucous and divisive impeachment vote, the U.S. House of Representatives overwhelmingly passed a bipartisan vote to approve the updated NAFTA deal. Dubbed the “USMCA,” the new trade agreement is being…