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Grains markets were mostly higher Thursday morning except hard red winter wheat following a bounce in crude oil says Mike Minor with Professional Ag Marketing.
Corn and wheat futures saw more fund selling and long liquidation end of month but it was triggered by war headlines. Chuck Shelby with Zaner Ag Hedge says those markets continue to remove risk premium.
California farmers warn a proposed nitrogen bill could drastically limit fertilizer use, expand reporting requirements and make growing crops like citrus, lettuce and pistachios nearly impossible.
Corn futures are lower again on Wednesday following the easing crude oil market as Iran peace talks continue to progress. What’s holding up soybeans and cattle?
Meteorologist Eric Snodgrass says warmer Pacific waters - not just El Niño - could drive a wetter, stormier summer across much of the Midwest and central U.S.