The company leaders say this acquisition highlights the trend of partnering institutional and asset management firms with specialized farm management companies.

Randy Martinson with Martinson Ag says soybeans are hitting new highs for the move with the tailwind of comments from President Trump about getting a trade deal with China next week in South Korea.

On Wednesday, Secretary Rollins announced a plan for American ranchers and consumers as Trump posted comments on social media regarding tariff impact on beef prices.

University of Minnesota soybean breeders are working to increase oil content in soybeans from around 22% to closer to 30%, a crop with higher oil that could cater to emerging demand.

Grains ended mostly higher on renewed technical buying, while cattle closed with limit down moves in feeder cattle in reaction to President Trump’s social media comments about beef.

Oliver Sloup on Markets on the Move: Cattle markets were on the move today following a social media post from President Trump. Other markets saw interesting price action with corn recovering from yesterday’s pressure.