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“Even now, you can still find treasures because farm properties … are filled with buried secrets.”
The hearing will focus on concerns that consolidation in the U.S. seed and fertilizer industries contributes to higher input costs for farmers.
Grain markets staged a rally on Monday and Naomi Blohm with Total Farm Marketing says soybeans led the charge on news over the weekend that the U.S. and China had reached a framework agreement that included “substantial purchases” of U.S. soybeans.
Although warning signs are emerging, economists say record-high beef prices could hold for up to two more years. Tight supplies and strong demand continue to drive the market, but economists and producers are apprehensive with talks of reopening the border.
Find out which used farm equipment sales made headlines as Pete’s Pick of the Week and get the latest auction market insights straight from from Machinery Pete, plus an upcoming auction with a big lot of used skid steers.
Some analysts believe a deal with Beijing will happen this week because of a potential gap in availability of the oilseed that’s likely to occur between the time the U.S. bean harvest ends and the Brazil harvest begins.