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Tommy Grisafi, Advance Trading, says rain in the Corn Belt stopped a three day rally in soybeans, while corn failed even after a key reversal on Tuesday.
Tommy Grisafi, Advance Trading, says soybeans and corn fade flash export sales, also see First Notice Day liquidation. While wheat may be bottoming as quality issues develop in Hard Red Spring wheat.
Since Lance Dobson’s return to the family farm, he’s added cattle, cereal rye for forage and a seed dealership. “Whether it’s exercising or farming, hopefully diversification in our day will yield results that improve our longevity,” he says.
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Fall is getting closer, and as the days get cooler, the window for fall nitrogen applications starts to open.
Wheat sees short covering Wednesday and tries to rally with corn after key reversals Tuesday in both markets. Soybeans take a break on Midwest rains. However, Craig Turner with StoneX thinks long term lows are close.
Lost for almost 175 years, has a striking photo of John Deere surfaced?