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AgDay TV Markets Now: Jim McCormick with AgMarket.Net says the U.S. will need a major crop problem to overcome the poor demand in the June WASDE.
Several factors converge making corn rootworm, black cutworm and true armyworm a high concern this season.
Drugs such as penicillin and some others routinely used to treat cattle, hogs and other food animals will be available only with a prescription from your veterinarian, starting June 12, 2023.
The WASDE made only adjustments but confirmed the U.S. isn’t competitive. So, grains turned traded weather, beans rallied with soybean oil. Cattle and hogs tried to recover. Jim McCormick. AgMarket.Net.
Sluggish exports continue to be the main theme in the grain markets with USDA cutting both old and new crop ending stocks. Arlan Suderman of StoneX Group says the bigger story moving forward might be soft corn demand.
Corn market outlook for the next 5, 30 and 90 days.