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U.S. Backtracks on Some Chinese Tariffs Until December

On Tuesday, the Trump administration announced that some recently announced tariffs on Chinese imports would be postponed until December.  And a report this week indicated that the ongoing trade war continues to be a factor impacting the soybean market. Wall Street Journal writers Josh Zumbrun, Vivian Salama and Alex Leary reported on Tuesday that, “The Trump administration abruptly suspended plans […]

Adverse Corn and Soybean Price Scenarios for 2020 and 2021

Prospects are that soybean prices will continue to be low over the next several years, leading to a period of lower farm incomes.  Even given those prospects, prices could go even lower causing more financial stress to develop.  Herein, we present an adverse set of prices that could plausibly occur but are not likely to […]

USDA Using Flexibility to Assist Farmers, Ranchers in Flooded Areas

The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) today announced it will defer accrual of interest for all agricultural producers’ spring 2019 crop year insurance premiums to help the wide swath of farmers and ranchers affected by extreme weather in 2019. Specifically, USDA will defer the accrual of interest on spring 2019 crop […]

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