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AgDay TV Markets Now: Alan Brugler, Brugler Marketing, says Conab’s Brazil soybean estimate disappoints the market, while corn and wheat close mixed positioning ahead of the WASDE.
Ethanol production averaged 1.062 million barrels per day (bpd) during the week ended Jan. 5, up 13,000 bpd from the previous week.
Soybeans fall on CONAB’s Brazil estimate and pre-WASDE. Corn and wheat end mixed on report positioning. Cattle and hogs mostly higher but with a lukewarm response to wx. Alan Brugler, Brugler Marketing, has details.
Despite the markets pricing in lower interest rates, Arlan Suderman expects inflation to rear its ugly head sometime in 2024.
The U.S. exported 607.5 million lbs. of pork during November, up 35.3 million lbs. (6.2%) from October and 30.0 million lbs. (5.2%) more than last year.
Join father and son for a friendly visit as they discuss the solutions they’ve discovered for doing the Biggest Job on Earth.