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Are the U.S. and Mexico getting close to a solution that will avert a trade dispute in the USMCA? Maybe, but it comes with a test.
Grains up after minor U.S. changes in WASDE. RGE cuts Argentina crops, but may be priced in. Wheat saw short covering, while hogs bounced and consolidated. John Heinberg of Total Farm Marketing. has details.
Can you buy a new planter now? Nope. And you can’t find many used models on dealer lots either. So, when the right used planter like this Kinze 4705 shows up at auction, we see tears of joy for the seller.
Grains higher after the WASDE with cuts in the Argentina corn and soybean crop outweighing the increase in corn and soybean ending stocks. Wheat saw very few changes. Jim McCormick of AgMarket.Net has details.
As La-Niña ends, meteorologists say the next two months could determine whether we see a drought like 2012 or a return of regular rains across the lower 48.