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Jon Scheve discusses the May USDA report and explains why it was likely neutral for corn and a little bearish for beans.
Chip Nellinger, Blue Reef Agri-Marketing, says if rains continue to delay planting and wheat areas like Russia and the Southwest Plains miss forecasted rains that could continue to drive buying interest in the grains.
Grains end higher on Friday after the WASDE but was the market trading the report or was it weather and fund short covering? Chip Nellinger, Blue Reef Agri-Marketing, has more plus talks cattle.
Our world is going to need 50 percent more food by 2050. Success will require trade, technology, and more. Most of all, however, it will require farmers to describe their practices and communicate their ideas.
Soybean production is cut; and a Brazilian soy crusher halted operations amid severe flooding.
Weekly overview of ag commodity market news & price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.