Grains open mostly higher except wheat as soybean meal hits contract highs again. Markets are trading weather and awaiting the Fed announcement. Livestock are leaning higher except nearby live cattle.

Ever-larger farm equipment requires ever-larger tools with ever-larger price tags.

Increased demand from Europe amid the war in Ukraine drove a rise in exports to an average of 11.2 billion cubic feet per day, a 12% jump compared to the second half of 2021.

From drought to flooding, farm fields outside of St. Louis are proof too much rain isn’t a good thing, especially when it falls in only hours. As much as 14.1 inches of rain fell in some locations triggering flooding.

IMF now expects the world economy to grow 3.2% in 2022 before slowing to a 2.9% GDP rate in 2023 — marking a downgrade of 0.4 and 0.7 percentage points, respectively, from its April forecasts.

Study the physics, do the math, and a 40-gallon compressed air tank pressurized to 100 psi has the explosive power of a stick of dynamite.