AgDay
Hosted by Haley Bickelhaupt, AgDay provides the nation’s farmers and ranchers with the latest news, weather and business headlines, and features the people and places unique to the industry and small-town America.
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Latest News
DuWayne Bosse with Bolt Marketing says grains are fading the reopening of the government on positioning ahead of USDA’s reports on Friday and the lack of China soybean purchases.
Indonesia plans to expand its domestic biodiesel mandate.
Rods in hand, Scott Hemmer finds wells, water lines, and forgotten graves: X marks the spot.
Chuck Shelby with Risk Management Commodities, says grains were mixed positioning ahead of the USDA reports with corn getting some support from lower yields in the average trade estimates.
Vince Boddicker with Farmers Trading Company says soybeans are mostly lower seeing some Turnaround Tuesday profit taking but the grains are also hearing up for the USDA reports Friday.
With Congress passing another extension, some economists suggest a new reality may be setting in: the era of comprehensive Farm Bills could be ending, replaced by a piecemeal approach in Washington.
Oliver Sloup on Markets on the Move: grain markets found their footing on Monday to erase some of the weakness that we saw late last week. Are new highs in order? Lean hogs finally snapped out of it, erasing about three weeks of losses all in one session!
Sam Hudson with Corn Belt Marketing says part of the rally in the grains was tied to talk of the government possibly reopening this week. That provided a risk on environment for the bulls who have been flying blind with the lack of market data from USDA.
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At a fiery Senate hearing, farmers and lawmakers call out corporate consolidation for driving up input costs, while industry leaders insist global geopolitics, not greed, are to blame.