Comparing the nominal yields of five-year Treasury bonds with the real yields of five-year Treasury Inflation Protected Securities (TIPS) may be one of the best indicators regarding where the U.S. economy is headed.
The Shanghai market closed down again on Wednesday for the fifth straight day. Losses in equity values are now about $5 trillion. China's central bank cut interest rates Tuesday for the fifth time in nine months. The Shanghai Stock Exchange Composite Index stood at 2,926 at the end of trading today, down from as high as nearly 5,200 in late June 2015. This of course has had repercussions on equity markets around the world. After a major correction earlier this week, the U.S. stock market proved the old adage that the best cur...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
