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Nearly a quarter of corn and soybeans have been harvested for 2023.
AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says grains and cattle recover on Monday as the government averts a shutdown. But are the fundamentals strong enough to keep the rally going?
John Phipps says nobody is forcing Americans to pay for the corporate windfall, but as consumers continue to spend, manufacturers to retailers have no reason to lower prices and profits.
Grain and cattle markets rebound after Congress averts a government shutdown, but can the recovery continue especially with the headwind of the higher dollar? Ted Seifried of Zaner Ag Hedge has details.
After the government twice flooded a farmer’s home and 900 acres, killed his cattle, and insisted he foot the bill, the Supreme Court will hear the case.
Corn and wheat see corrective buying w/export biz to MX, which pulls soybeans off the lows. Markets recover as govt. open, including cattle. Hogs see report hangover. Vince Boddicker, Farmers Trading Company, has more.