Bloomberg writer Peggy Collins reported late last week that, “China’s leader Xi Jinping reassured U.S. President Donald Trump in a phone call that Beijing would meet purchase goals outlined in the recent trade deal between the countries — despite the impact of the coronavirus on the Asian nation, White House economic adviser Larry Kudlow said Friday. “‘Xi apparently said, may be a little […]

The USDA released it’s first – and early- forecast of net farm income for 2020. Farm income is an important – but not complete- measure of the health farm economy. While the headlines are positive, we took a more in-depth look at the estimates in this week’s post. Net Farm Income Figure 1 shows real, […]

Uncertainties regarding the potential trade deal and coronavirus outbreak remain as negative forces for commodity markets.  Corn prices came through the difficulty relatively well over the last couple of weeks.  March corn futures prices continue to bounce around in a range between $3.75 and $3.95 seen since mid-December.  Over this same period, consumption in some […]