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A chief concern is whether glyphosate will be targeted by the report, which is expected to be unveiled on Thursday. A number of farmers have voiced concerns collectively and individually this week.
Wednesday was a busy day for markets, ranging from metals and energies to grains and indices. Oliver Sloup got some added insight from Market Strategist Phil Streible and Head of Research Dan White.
Former Montana Democrat senator and longtime farmer Jon Tester sharply criticized the GOP-led House reconciliation bill and its proposed agriculture provisions.
Mark Schultz, Northstar Commodity, says the rally in wheat has been driven by weather and money flow but wheat, corn and soybeans are running into chart resistance.
Being stuck is a normal situation people find themselves in. To get unstuck, Kacee Bohle suggests it starts by taking take a 360-degree evaluation of your reality.
Kent Beadle, Paradigm Futures, says the grain rally is being supported by technical or fund buying, the U.S. lower dollar index and weather.