A look at the impact of historic soybean market disruptions

The director of the Gardner Agricultural Policy Program at the University of Illinois says even short-term trade disruptions have lasting consequences on soybean markets. Jonathan Coppess says the 1973 U.S. soybean embargo, which only lasted a few months, is a prime example.  “Very much a temporary kind of panic move by the Nixon administration because […]

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Cash dairy prices start May mostly steady

Cash dairy prices were mostly steady on Friday at the Chicago Mercantile Exchange.     Dry whey was unchanged at $0.6975.  No sales were recorded.  Forty-pound cheese blocks were unchanged at $1.64.  Four sales were recorded, ranging from $1.63 to $1.6450.