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
Funds continue to sell in grains w/ no bullish supply or demand story. When does the bleeding stop? Cattle are the bright spot w/fats pricing in steady to higher cash. Hogs mixed. Mark Schultz, Northstar Commodity.
Funds accelerate selling in grains and hogs early with no bullish news but are trying to find support. Cattle stronger w/lower corn and higher cash ideas. Chip Nellinger with Blue Reef Agri-Marketing.
Live cattle 2-sided ahead of COF, corn pushes feeders higher. Hogs consolidate despite stronger cash. More fund selling in corn and wheat, but soybeans are try to recover. Scott Varilek, Kooima Kooima Varilek.
AgDay TV Markets Now: Vince Boddicker of Farmers Trading Company talks about the meltdown in grains as Dec corn closes below $5, Nov. soybeans below $12. Is the low close?
BP has set a target of increasing its biofuel output to 100,000 barrels per day (bpd) by 2030.
The economic environment today is similar to the 1970s and into the mid-80s. Although we are not expecting a 1980s-style farm collapse, there are lessons and opportunities to gain from a milder version of the 1980s.
“EPA is using decade-old analysis to measure the carbon intensity of ethanol, despite the Department of Energy’s updated data,” says Chris Bliley of Growth Energy. “This bill will ensure we capture the accuracy.”
More than 50% of farmers intend to grow their operation, based on responses in Purdue’s February 2023 Ag Economy Barometer. If you’re thinking about scaling your farm, it’s important to first ask these questions.
Commodity wide fund selloff but grains pressured by China corn cancellation, Black Sea Grain deal, big crop. Livestock mostly lower except nearby LC, on steady cash ideas. Vince Boddicker, Farmers Trading Company.
The Ukraine Black Sea grain deal has been extended for two more months, one day before Russia could have quit the pact over obstacles to its grain and fertilizer exports.