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Under a 10-year settlement, farmers gain the same capabilities as dealers to reset fault codes, pair electronic components and bypass emissions-related shutdowns.
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Grain markets were lower on Wednesday and to start Thursday, seeing profit taking after hitting key chart resistance and with cooler, wetter extended weather forecast for the Midwest. That’s according to Randy Martinson with Martinson Ag.
Live cattle futures were lower again on Wednesday and have spent several consecutive days under the 100-day moving average. Brad Kooima with Kooima Kooima Varilek says it is looking like more than a healthy correction.
Mark Knight of Farmers Keeper Financial says the market was looking for confirmation of China soybean purchases and now will need to see more sales to continue the rally.
Analysis of 2023–2025 prices found U.S. growers paid more for nearly every seed and crop protection category examined.
November soybeans failed to close above the key $12 level and Naomi Blohm of Total Farm Marketing thinks the market may be running out of runway as Monday was mostly technical buying.
President Jed Bower says the association is setting a course toward markets that could collectively unlock demand for billions of additional bushels of corn annually, “keeping farmers farming” for the next 250 years.
An unusual combination of severe hail, 88 mph winds and excessive rainfall has devastated some corn acres, while saturated fields, delayed herbicide applications and rising weed pressure threaten remaining yield potential.
Recent sales show late-model combines and tractors attracting premium prices with limited options in the traditional five- to 12-year-old range.
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