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.
Stream the latest episode on Farm Journal TV. Now available on Apple devices, Android devices, Roku, Apple TV, and Amazon Fire.
Latest News
Kevin Duling with KD Investors says grains started off lower with soybeans seeing double digit gains on the possibility of increased tariffs and a trade war with China, then bounced off the lows.
Following diminishing valuations in 2023 and layoffs, the indoor vertical grower is reportedly closing its doors and laying off its employees, according to a PitchBook report.
Trump garnered even stronger support in rural America versus his still robust rural vote in this first administration. That is likely a backlash against the ag policy moves of the Biden/Harris administration that focused on underserved and minority rural citizens.
U.S. agricultural exports totaled $13.13 billion in September against imports of $17.39 billion, resulting in a monthly trade deficit of $4.26 billion.
Grain markets were mostly higher in today’s trade. Livestock markets were mixed with Lean Hogs being the weak link.
Jeff Hoogendoorn with Professional Ag Marketing says the grain markets were supported by strong demand and the lower dollar but also positioning ahead of the election, FOMC decision and WASDE.
The British Columbia ports labor dispute continues, impacting exports at Canada’s biggest port in Vancouver with no sign of negotiating progress.
China braces for continued superpower rivalry regardless of the U.S. election outcome.
Three things make this outreach unique in the ag retail business.
Yes, the Fed is cutting interest rates but the agency can only influence mid- and long-term rates. Concerns about inflation are pushing those rates back up again.