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The International Grains Council (IGC) trimmed its forecast for 2022-23 global wheat production by 1 million metric tons (MMT).
Grains two-sided, consolidate watching outside markets like lower crude oil. Cattle seeing higher prices on cash strength with profit taking in hogs. Michelle Rook w/ Chuck Shelby of Risk Management
Corn ends slightly higher, wheat off lows. Has market absorbed Black Sea Export Deal extension? Soybeans hit w/lower BO and SA weather. Will these levels hold? Michelle Rook w/Matt Bennett of AgMarket.Net.
It’s time to play offense and defense. The new reality of the farm equipment landscape means you can no longer take a lackadaisical approach to purchasing new or used equipment.
Corn ends slightly higher, wheat off lows, absorbing the Black Sea Export Deal extension. Soybeans saw technical selling pressure w/lower BO. Cattle strong w/higher cash. Michelle Rook w/Matt Bennett, AgMarket.Net
In USDA’s November crop report the agency put soybean yields in Wisconsin at 54 bushels per acre with record corn yields at 182 bushels per acre. Yield results from the field are backing up that forecast.