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Freshly graduated from Western Illinois University, Paige Pence is getting an entirely new learning experience this summer as she gets her feet wet farming the 4,500 acres originally pieced together by her first-generation farmer parents.
Scott Varilek, Kooima Kooima Varilek, says cattle are seeing risk off selling tied to the news overnight of escalating war between Iran and Israel which has the financial markets sharply lower. Bean oil is limit up on news of higher blending levels for biomass based diesel.
USDA lowered old crop corn ending stocks 50 million bushels, but Brian Splitt, AgMarket.Net, says the market doesn’t feel like it’s trading a 1.365 billion bushel carryout nor do the July/December spreads.
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Senate Republicans on Wednesday released the agriculture section of their budget reconciliation bill.
Dave Chatterton of Strategic Farm Marketing says corn was slightly higher with tighter ending stocks, while soybeans fell on the rumor of lower RVO levels.
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