Investigators with the U.S. Department of Labor’s Occupational Safety and Health Administration found ADM failed to inspect or test critical safety systems in the explosion that injured three workers.

Craig Turner of StoneX says end users have seen current grain prices as a value which has supported the markets and if you add in inflation grains could be carving out new trading ranges.

The investigation, authorized on Sept. 2, 2021, focuses on repair restrictions manufacturers place on hardware or software, often referred to by regulators as impeding customers’ “right to repair” the goods they purchase.

Despite concerns over rising costs and current economic challenges in agriculture, the market for used equipment remains strong, particularly for older, simpler models.

The International Monetary Fund (IMF) warned that wars, trade tensions, high debt and low growth threaten to prolong a lackluster economic era.

Grains reverse to close higher Thursday as Darin Newsom with Barchart says end user or commercial buying stepped in. He says there is strong demand for corn in soybeans at current price levels which is a bullish sign.