Southern Crop

Southern Crop

Rain in India, U.S. Keeps Pressure on Prices

Beneficial rains in both India and the United States kept pressure on cotton prices during the week as the December futures contract, in a rare event, settled the week unchanged at 68.59. Thus, the market continues to consolidate June loses in the breakout below 71 cents, down to the 66 cent level.

 

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Antitrust Lawsuits Stack Up

Some fear the agriculture industry is walking headlong into a figurative hall of mirrors. Amid consolidation and consumer food awareness, perceptions of conspiracy and collusion can lead to class-action antitrust lawsuits against food companies and cooperatives with ties to producers of broilers, milk and more. Read more

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