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The Black Sea Grain Initiative has been extended for 120 days from Nov. 18, without any changes. The deal is bearish for U.S. corn and wheat exports, which are already lagging.
Is Mexico’s recent corn buying spree a coincidence, or are they front loading ahead of their GMO ban?
Grains manage to hold key support areas despite the volatile week. Where does the market go from here? Michelle Rook asks Oliver Sloup of Blue Line Futures.
Pelosi is to step down as leader of the Democratic Party in the House, a position she has held since 2003. House Majority Leader Steny Hoyer says he will remain in Congress but won’t seek a leadership position.
Grains end mixed with funds covering shorts in corn and beans but selling in wheat. Cattle futures supported by higher cash but will it continue? Hogs lower. Michelle Rook w/Oliver Sloup of Blue Line Futures.
I’ve seen the same trend for the past 10 months with used mid- to high-horsepower tractors, combines and planters. Now, the trend is in self-propelled sprayers.