Production Down, Prices Up

Production Down, Prices Up

It’s corn! A big lump with knobs. It has the juice. But we’re talking soybeans and cotton, too. Each month, USDA’s National Agricultural Statistics Service (NASS) provides the World Agricultural Supply and Demand Estimates (WASDE) report. Yesterday, they...
La Niña These Days:

La Niña These Days:

La Niña is here to stay. Like a guest that has overstayed their welcome, this (theoretically) annual meteorological pattern just can’t take a hint. For the first time since 1999-2001, La Niña is in its third straight year. How La Niña works: La Niña is characterized...
U.S. Corn Starting to Sweat…

U.S. Corn Starting to Sweat…

Record-breaking heat waves across the U.S. have the corn crop sweating. Intense heat paired with existing or developing droughts is causing commodity markets to skyrocket and early predictions to form – some forecasters even calling for 2012-level price spikes....
Prayin’ for Rain

Prayin’ for Rain

“We need divine intervention.” That was Governor Spencer Cox recently asking Utahns to pray for rain as exceptional drought conditions grip his state. Basically, it’s bad. Like, really bad. But it’s not only the Salt Lake that’s gradually shrinking. Dry weather is...