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Pro Farmer economist Lane Akre says corn and soybeans posted higher weekly closes and should be able to build on that next week with the push from the lower yield and production estimates from the Pro Farmer Crop Tour.
Oliver Sloup and Marlin Bohling bring you Episode 7 of Markets on the Move to end the week. Ag markets were mostly higher this week with cattle leading the charge. Other markets like the S&P and precious metals saw big gains on Friday too.
On the heels of Crop Tour, Pro Farmer projects corn yields at 6.1 bu. below USDA’s August estimate, while soybean yield numbers are nearly aligned.
A recent nationwide used equipment scam resulted in nearly a quarter million dollars being lost to online scammers for farm machinery that was never delivered to buyers in seven states. Find out how you can stay safe when buying equipment online.
Per capita availabiity of red meat and poultry is projected higher in 2025 and 2026.
Scott Varilek, Kooima Kooima Varilek, says cattle fundamentals look supportive through fourth quarter, while corn and soybeans are running into chart resistance.