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Grains up w/ soybeans making new highs for the move as Congress votes to avert the rail strike, China demand news supportive. Cattle consolidating, short covering in hogs. Kent Beadle, Paradigm Futures has details.
A higher midday trade except corn futures, with new highs for the move in soybeans. Michelle Rook gets details with Jeff Hoogendoorn of Professional Ag Marketing.
Based on technology of last resort, we can look back from the Zip-tie Age, Duct Tape Age and Tarp Strap Age to one of the longest, the Baling Wire Age.
Pelosi said the House this week will “take up a bill adopting the tentative agreement—with no poison pills or changes to the negotiated terms—and send it to the Senate.” Some industry leaders feel it will pass.
U.S. ag exports in fiscal year (FY) 2023 are projected at $190.0 billion, down $3.5 billion from USDA’s August forecast.