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Grains mixed with soybeans rebounding on China export news, report positioning. Livestock rally with lower corn and technical buying in cattle. Michelle Rook has details with Rich Nelson of Allendale.
Rising prices are impacting every aspect of the food and agriculture supply chain and that may not change dramatically through the balance of 2022 according to the Federal Reserve Banks of Minneapolis and Kansas City.
Grains end mixed with corn and wheat under pressure on profit taking and report positioning. Cattle higher with lower corn and higher cash ideas. Michelle Rook gets analysis from Don Roose of U.S. Commodities.
Global inflation will likely decrease to 6.5% in 2023 and to 4.1% by 2024, according to the International Monetary Fund (IMF) forecast.
Cattle markets rebound on lower corn and higher cash trade ideas, while hogs consolidate. Grains are mixed with corn and wheat seeing profit taking. Michelle Rook talks with Brad Kooima of Kooima Kooima Varilek.
On Oct. 12, USDA will release its monthly Crop Production and World Agricultural Supply and Demand Estimate reports. USDA will not be updating acreages this month, so the focus will be on yield.