Corn and Soybeans May Have Bottomed Until More is Known About Yield

China’s economic woes continue to mount, and the U.S. commodity sector is experiencing weaker export demand as a result. Not only has the stock market collapsed, but this week, China’s central bank unexpectedly cut key policy rates for the second time in three months.

Jon Scheve breaks down his corn basis strategy for his 2022 crop.

Drought is impacting operations along the Panama Canal, one of the largest shipping channels in the world. Restrictions have now been placed on the number of ships as well as the amount of cargo they can carry.