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
The National Farm Machinery Show revealed one major theme: the supply chain is still posing major problems for ag equipment manufacturers, an issue that’s improving, but could still last the remainder of this year.
Fund selling continues as corn & beans have broken major support. Wheat is trying to bottom. Cattle back into contract highs with lower corn, higher cash ideas. Tomm Pfitzenmaier, Summit Commodity Brokerage.
Livestock mixed on end of month positioning. However, cattle should be supported by higher cash ideas this week. Funds continue to sell in grains taking out support. Brad Kooima of Kooima Kooima Varilek has more.
May Chicago wheat continued to bleed out yesterday, marking its lowest price since September 28th, 2021. That has brought the RSI to 29.63, which is considered to be “oversold”.
AgDay TV Markets Now: Kevin Duling of KD Investors talks about the continued fund selling in grains and how much lower the markets may go.
The Brazilian government is set to resume the collection of federal taxes on fuels this week, the Finance Ministry said on Monday.
As farm shows and meetings portray a crowd that seems to be aging, is there a shortage of young farmers threatening the future of ag? John Phipps explains why an abundance of young farmers may not be on the farm today.
A year after Russia invaded Ukraine farmers continue to see reduced crop production and exports. Farming has been difficult in the middle of a war, but farmers such as Nick Gordiichuk have persevered.
Scenes across Texas, Oklahoma and Kansas resemble the Dust Bowl after winds topping 100 mph ravaged the area. Growers are dealing with a dryland wheat crop that could already see abandonment as high as 80%.
Another mostly lower day with fund liquidation in the grains. How much lower will prices go? Live cattle see profit taking, fade the COF. Hogs also consolidated. Kevin Duling of KD Investors has details.