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Scott Varilek with Kooima Kooima Varilek says it has been another volatile week in the cattle futures but they are still trading sideways and holding the uptrend lines. Grains are pausing after hitting chart resistance.
Bryan Doherty, Total Farm Marketing, says soybeans extended gains off of Wednesday’s reversal on technical buying and short covering but with hopes of a China deal. The trade aid announced will also keep farmer selling at a minimum.
Announcement coming on Tuesday regarding support for farmers.
The government is shut down for a second day and so are no reports from USDA, including weekly export sales or flash sales. So what are the grain markets trading?
A large-animal vet shortage continues to impact rural America. The University of Nebraska-Lincoln, in partnership with Gov. Jim Pillen and state leaders, is working to reverse that trend through the Elite 11 Production Animal Health Scholarship Program.
Herbicides and defoliants are commonly used by farmers in southern regions to quicken the harvest period and reduce the risk of shatter loss and poor test weights. Now, Midwest growers and researchers are looking at how to use the practice.