Loading…
Reuters reports that US crop prices have surged and reversed fortunes for farmers in rural Iowa. Chinese purchases after the January 2020 Phase One deal tightened US grain supplies and rallied prices.
Sustained Chinese buying has tightened US grain stocks, supporting corn and soybean prices and feeding costs for livestock buyers.
reuters.comTom PolansekApr 29, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
