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Brazil is a top-five producer of 34 agricultural commodities. As Brazilian farmers start to plant this fall, forecasts show the 2022/23 crop harvest could be the largest ever.
Wheat and corn lower on technical selling, lower crude oil and report positioning, while soybeans get help from export biz. Profit taking and money flow hit the livestock. @michellerookag @scottevarilek
Scott Phillips isn’t your average pig farmer. While he always wanted to farm, his journey through life has been an exhilarating ride as he served as a fighter pilot before returning to the family farm in Drexel, Mo.
Corn a& beans lower with technical selling, report positioning, despite fresh export biz. Wheat sees technical bounce watching news on export deal. Livestock see profit taking. @michellerookag @NollFamilyFarm
We’ve posted before that many companies are pushing Employee Retention Credits (ERC) when farmers and other taxpayers likely don’t qualify. We now know that the new 300 IRS staff will be aggressively auditing ERC claims.
SovEcon estimates Russia exported 4.3 MMT of wheat in October.