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, Bolt Marketing, says wheat is pulling down corn with a higher dollar and rains in the SW Plains, while soybeans hold gains on strong export demand. Cattle are rallying in sympathy with the stock market.
Darren Frye, Water Street Advisory, says the Fed cutting interest rates by 50 basis points could be huge for agricultural markets.
In short, Judge Sarah Pitlyk said the plaintiffs failed to make a case the ag input companies violated U.S. antitrust law.
The tariff rate on U.S. soybeans is as high as 56.5%, including goods and services tax (GST) and value added tax (VAT). This high tariff structure acts as a significant trade barrier for U.S. soybean exports to India.
Darren Frye, Water Street Advisory, says the 50 basis point interest rate cut by the Fed was anticipated but is friendly for the ag markets.
Farm equipment and technology news briefs for the week of September 15, 2024.
Picket-fence corn stands with photocopied plants – uniform stalks and ears – deliver high yields. Where crops are uneven, farmers need to take that into consideration as they make final yield estimates.
Kent Beadle, Paradigm Futures, says November soybeans are finally above the 50 day moving average for a number of reasons, including more talk of China business.
As corn and soybean growers get ready for harvest, they’re counting on high yields, given optimistic forecasts from USDA and the Pro Farmer Crop Tour. But will a hot and very dry final month of the season have an impact?
Brad Kooima, Kooima Kooima Varilek, says the cattle market has just felt better the last week with cash finally bottoming and futures posting a higher weekly close.