We are seeing a number of analysts telling producers they ought to be selling not just 2015 production, but also some 2016 production. This does seem very premature with December 2015 corn futures trading below $4.00.Friday's talk about what U.S. farmers might plant in 2015 drew some comments from readers. One asked why we are already worried about potential 2015 acreage when 50 percent of the 2014 corn and soybean crops haven't yet been harvested. Good question, but there are a few good reasons including:
We are seeing a number of analysts telling producers they ought to be selling not just 2015 production, but also some 2016 production. This does seem very premature with December 2015 corn futures trading below $4.00. That is still bel...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
