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
Brad Kooima of Kooima Kooima Varilek says cattle futures started the day higher in recovery mode after a poor technical close on Friday and a bearish reversal lower for the week. Soybeans continue to rally on the heels of the surge in bean oil on EPA’s surprise biofuels news.
Flourishing farms in Africa want U.S. products such as machinery, seeds, and other forms of technology. This is potentially a robust market for Americans—but only if they see Africans as trading partners rather than as economic foes.
Jon Scheve discusses variables in the market for both corn and soybeans that could impact prices in the next few months.
Weekly overview of ag commodity market news and price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.
The Environmental Protection Agency (EPA) proposed record blending mandates for biomass based diesel in the Renewable Fuels Standard.
Jerry Gulke, president of the Gulke Group, says the news EPA is raising blending mandates for biomass-based diesel above expectations came as a surprise but was positive for farmers and the biofuels industry.
Soybeans were up sharply on Friday with soybean oil locked limit up on all of the contracts. Alan Brugler, A&N Economics, says it was in reaction to the EPA’s proposed Renewable Volume Obligations, which were especially bullish for biomass based diesel.
“For now, we don’t believe there’s going to be much in the effect in terms of fertilizer production from either country, though it would be a little silly to not consider it,” says Josh Linville from StoneX.
Now’s the time to be scouting for the disease, especially where the inoculum is present. Tracking weather data, particularly daily humidity levels, can help you keep an eye on tar spot this season.
Here are four pieces of gray-haired wisdom from the auction price guy.