Author Archives: Johnny Huang

Futures end losing streak

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Futures slide despite firmer dollar

Peanuts may see record drop in production as government subsidies switch farmers to soybeans Government efforts to subsidize certain crops, including soybeans, are crowding out investments and production in other crops, according to an article in the state-media outlet Economic Times. Current estimates are that China’s 2022 peanut planting area will decrease by 18.7% yearContinue reading “Futures slide despite firmer dollar”