By John DePutter & Dave Milne – June 27, 2017
“The average estimate for US soybean plantings for the USDA report on June 30th is 89.86 million acres. This compares to the March USDA estimate of 89.48 million acres.”
– Good Morning Prairies, June 26, 2017
By John DePutter & Dave Milne – June 20, 2017
“Ranchers on Monday sued the U.S. Department of Agriculture, seeking to force meat to again be labeled if it’s produced in other countries and imported to the United States.”
– The Canadian press, June 19, 2017
By John DePutter & Dave Milne – June 13, 2017
“The combination of more mouths to feed with even faster-growing wealth in the world’s most populous nation has made China a magnet for farm goods, especially from the US, which now sells more of its harvest to China than any other country.”
– Bloomberg, June 12, 2017
By Fred Evans – June 8, 2017
“No one can beat the market.” — Edwin Lefevre
Isn’t that a fine statement from a man who enjoyed an 18-year career encouraging people to trade futures?
He had a point: There’s evidence that only two in ten people will be successful speculating on the market, and if those two stay in the market long enough they too will lose.
By John DePutter & Dave Milne – June 6, 2017
Hogs up sharply! For agricultural commodities, larger supplies generally result in lower prices. But this year’s hog market is going against that adage – with both larger supplies and higher prices!
– Commentary by Chris Hurt, Dept of Ag Economics, University of Illinois, on farmdoc daily, June 5, 2017.