Crop Prices Dip Despite Trade Deals - News Summed Up

Crop Prices Dip Despite Trade Deals


Crop prices have dropped since the signing of trade deals meant to buoy the farm economy, clouding the outlook for farmers working to secure financing for this spring’s planting season. Soybean futures have fallen 7% to nearly $8.75 a bushel on the Chicago Board of Trade since a trade agreement meant in part to boost Chinese demand for the U.S. crop was reached two weeks ago. Corn futures have fallen by over 2% in that time, a span that also included the signing on Wednesday of a new trade agreement between the U.S., Canada...


Source: Wall Street Journal January 31, 2020 12:06 UTC



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