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AgDay TV Markets Now: Brian Grete, Editor of Pro Farmer, says corrective buying drove the rebound in the grain markets plus funds selling took a pause before the WASDE.
As usual, there was a ton of fireworks in the auction market at the end of 2023. One sale on Dec. 29 by Swenson & Sons in Minot, N.D., featured several incredible tractors in good condition.
The U.S. exported $16.09 billion of agricultural goods in November against imports of $15.99 billion, resulting in a surplus of $98.97 million.
Grains close higher on corrective buying and positioning headed into the WASDE. Cattle added wx premium with higher cash ideas, hogs up for a 4th day trying to confirm a season low. Brian Grete, Pro Farmer, has details.
Global grain and oilseed markets featured an unusual level of uncertainty and chaos in recent years. While headwinds may wane, RaboResearch analysts say crosswinds could continue in 2024 and beyond.
Dean Banks will join Flagship Pioneering as CEO-Partner and CEO of Indigo Ag; most recently, Banks was the former President and CEO of Tyson Foods.