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According to USDA’s crop progress report, 71% of corn and 85% of soybeans have been harvested so far, which is considerably ahead of the five-year average.
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing, says Row Crops and Meal See Profit Taking but Eye SA Weather, Harvest, Outside Markets
Jon Scheve discusses why corn prices might continue to go down for the next few months while soybean prices could have upside potential.
Starting on Tuesday, producers can apply for ERP benefits, regardless of whether they received a pre-filled form from USDA or not.
Soybeans, meal and corn fall on profit taking, watching SA weather, China export news, crude oil. Cattle and hogs extend gains, can they keep going? Chip Nellinger, Blue Reef Agri-Marketing has details.
Several factors are leading economists to believe the price of corn will keep ethanol profits steady in the near future.