Prices Soar as Grain Supplies Shrink

News

Dwindling stockpiles of U.S. grains have sent prices for corn, soybeans and wheat skyrocketing. This marks a sharp reversal from earlier in the year, when the global coronavirus pandemic cast doubt about grain consumption. Now, demand is climbing, particularly from China, which needs grains to rebuild hog herds after culling millions infected by African swine fever. Read what's happening here.

Author: The Wall Street Journal