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
Jon Scheve discusses the recent USDA report and how it will impact bean prices.
Randy Martinson, Martinson Ag, says grain markets are seeing pressure from harvest, weather and renewed fund selling. All the markets are flirting with key support levels on the charts.
The latest AEM numbers suggest concerns about falling farmer demand for new machines were not overblown.
Grain markets were lower to start the week on continued pressure from last week’s WASDE report. The weakness has broken chart support which may put the Bears back in the driver’s seat.
Beef production is now forecast to increase marginally from year-ago and rise another 4.1% next year.
Kent Beadle of Paradigm Futures says grains saw follow through selling pressure after a lower day Friday. The complex also saw spillover from the risk off day in outside markets including the higher dollar and lower crude oil.
Native Americans seek to regain control over their food systems
Brad Kooima, Kooima Kooima Varilek says cattle futures are mostly higher early Monday on better cash news and trying to negate Friday’s reversal. Grains are seeing pressure from harvest and South American rain chances.
Two factors add up to alternative storage paying off.
Jon Scheve discusses the latest USDA report and how likely corn is to rally given current yield estimates.