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Once you’ve experienced the world at 10 mph you can’t endure slower. There are collateral consequences.
Technical selling and recessionary fears weighed on most commodities Thursday, except cattle. Michelle Rook talks with Don Roose of U.S. Commodities about the technical damage in the grains.
B&B Farm Store defaulted on an estimated $1.3 million of grain they bought from 60 Jesup, Iowa area farmers. But that may not make farmers whole and points to a bigger problem.
“In late summer, your harvest team should perform preventive maintenance on everything needed for harvest,” says Farm Journal Field Agronomist Ken Ferrie.
Grains under pressure as recessionary fears have funds heading for the door. Cattle trying to bounce with pullback in corn. Michelle Rook talks with Ted Seifried of Zaner Ag Hedge.
Grains opened lower on recession fears and lower outside markets. Livestock futures are seeing a little early strength on short covering. Michelle Rook has details with Mike Zuzulo of Global Commodity Analytics.