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Food price inflation is back in the outlook for all food, food at home (grocery) and food away from home (restaurant) prices in 2024, according to the latest update from USDA.
Grains up with corn above $4. Will the recovery rally hold or be sold? The wheat market extends last week’s gains. Plus, live cattle shake off the COF report. Tomm Pfitzenmaier, Summit Commodity Brokerage, has more.
AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says the question after Monday’s recovery rally is “Will it hold or be sold?”
Edgewood Locker got its start in rural northeast Iowa in 1966. The business now spans over three generations, and it’s largely thanks to Joan Kerns who helped start the family business that’s now seen phenomenal growth.
Changes to the GREET Model are expected later this week, and depending on how the model is interpreted, it could be the ticket for corn ethanol to start taking flight as Sustainable Aviation Fuel (SAF).
Before heading to the field to apply anhydrous, firm up what crop you’re going to plant. Growers have been kicking around the idea of going beans-on-beans, given the markets. But anhydrous essentially ties you to corn.