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Tight market triggers highest corn and soy prices since 2013 as experts predict further instability
Prices for basic commodities including corn and soy continued their upward trend in December, and market experts say a looming drought in South America could trigger further instability this winter in the wake of pressing global demand.
The U.S. Department of Agriculture (USDA) made only minor adjustments to the December World Markets and Trade reports, decreasing projected production and increasing anticipated demand. The projected average price of a bushel of soybeans ticked upward 15 cents, while corn estimates remain unchanged at $4 per bushel.
Georgia, Mired in Election Disputes, Fosters Cozy Ties With China
As the presidential election results in Georgiaface challenges from voter fraud claims, the state has also come under the spotlight for its business ties with China.
Most recently, Georgia Democrat Richard Ossoff, a media executive running for U.S. senator, received complaints (pdf) from the Georgia GOP for allegedly hiding his connections to a Hong Kong media firm linked to the Chinese government.
China has been Georgia’s largest trading partner for the past five years, making up 15 percent to one-fifth of the state’s total international trade volume between 2015 to 2019, according to Georgia’s commerce data (pdf).
Reducing environmental impacts without comprising productivity nationalhogfarmer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalhogfarmer.com Daily Mail and Mail on Sunday newspapers.