Connect with us

Business

Surging Grain Prices Fuel Surprise Farm Recovery – The Wall Street Journal

Higher commodity prices are benefiting grain farmers but could lead to higher prices at the grocery store

Published

on

post featured image
ADVERTISEMENT

A crop glut that battered American farmers is subsiding, fueling an unexpected recovery in the U.S. Farm Belt following a yearslong agricultural recession.
Prices for corn, soybeans and wheat have soared to their highest levels in more than six years as dry weather and strong export demand from China drain U.S. stockpiles.
The rising commodity prices are rippling through the food chain, helping drive a sharp increase in U.S. farm income and lifting the prospects for a swath of rural businesses,…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Californians aren’t leaving the state en masse — but they are leaving San Francisco, study says – Los Angeles Times
GameStop Bucks Market’s Slump Amid Renewed Reddit Chatter – Bloomberg
Article feature image
5 things to know before the stock market opens Thursday – CNBC