After dealing with the trade war, extreme weather and depressed prices, U.S. farmers are ready for a safe bet. In America’s heartland, that means planting corn -- and lots of it.
The No. 1 U.S. crop keeps growers more isolated from the whims of Chinese demand, now in peril thanks to the deadly coronavirus epidemic. Corn prices have held up better than rival soybeans over the last few years. And even with the Beijing-Washington trade deal in hand, it’s unclear how much soy buying will recover as the Asian health crisis threatens food demand.