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USDA says anticipated trade aid could be announced the first week of December, but ag economists are split on whether payments would provide relief or worsen lingering risks such as high input costs and market distortions.
Jamie Gieseke with Paradigm Futures says the weakness in the grain markets last week and to start this week was tied to liquidation and pricing of basis fixed contracts against December futures before the delivery period starts. Once that’s out of the way what is the next move?
Exports in the first 10 months of the year reached 329,000 tons, almost triple what they were for all of 2024.
The announcement to close the Lexington, Neb., plant and transition to one shift in Amarillo shocked the beef industry. While local impacts will be significant, analysts urge producers to remain calm as the market fundamentals steady following the reaction.
Because every growing season is unique, agronomists are encouraging corn growers to make a management plan for the “driver diseases” they’re most likely to encounter in fields next year.