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Grains lower on profit taking, heavy deliveries of BO and CH wheat, plus faster than expected planting pace. USDA’s ground beef testing for bird flu is weighing on cattle. Randy Martinson, Martinson Ag, has more.
So far, 12 states out of the 18 total reporting acres of corn planted are ahead of the five year average.
Grains retreat in the early morning trade after failing to gain ground to start the week. These are the levels to watch for today’s trade.
Cattle futures continue to reject resistance. With headline risk lingering will the selling continue?
The joint SATCOM offering will be available in the second half of 2024 to farmers in Brazil, with plans to expand the collaboration to the U.S., Australia, and other regions.
Shawn Hackett, Hackett Financial Advisors says wheat finally saw profit taking on Monday and was due for a correction. Soybeans ended slightly higher, pushed by meal.