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AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing previews the September WASDE, including how much USDA might cut corn and soybean yields.
We recap this week’s price action and share our outlook broken down into 5, 30 and 90 day segments.
China’s GDP growth could possibly drop lower than the U.S. this year. In fact, fewer and fewer sectors are healthy, and only then by direct government intervention.
Farm debt continued to rise, particularly non-real estate loans, with outstanding agricultural loan balances at commercial banks increasing by about 5%, according to an ag finance update from the Kansas City Fed.
Corn futures continue to hold ground while soybeans test MUST HOLD support. Will the ratio between the two start to narrow?