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Risk off outside markets & China GDP data pressures soybeans, corn is following wheat with short covering. Cattle see profit taking after the chart breakout. Hogs consolidate. Randy Martinson, Martinson Ag, has more.
What’s the most challenging thing about running a legacy brand? “The biggest challenge is being pigeonholed. Everyone expects us to recreate the past, but the future doesn’t look like what we were,” Lamar says.
In recent months, USDA Secretary Tom Vilsack has suggested Congress should use the Commodity Credit Corp. (CCC), Charter Act to find a “creative way” to raise reference prices in the next farm bill.
AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says corn falls on report hangover, bearish outside markets, while soybeans bounce with record crush but may not hold report day lows.
Besides the hot and dry conditions that damaged Brazil’s soybean crop through December, excess rainfall in certain areas of these same states is disrupting harvesting.
Johnnie Roberts, CPDA director of application – adjuvant chemistry, shares a solution to many of the common issues spray drone applicators face.