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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Food prices will probably decline next year, even as global crop stockpiles stay very tight, especially for oilseeds, said David MacLennan, CEO of Cargill.
Market Watch is a weekly overview of the ag markets compiled by Brugler Marketing & Management. It is not intended as trading advice. Call 402-697-3623 for more info on other Brugler products and services.
Volatility was the headline in the commodity markets this week. From fears Russia was invading Poland to then news the U.N. Grain Deal would be extended, the commodity markets saw extremes.
Most now look for President Biden to increase his use of executive orders and regulations to fulfill some other goals, including those in the coming farm bill.
If Upside gets USDA approval next, the company said it could start pumping out 50,000 pounds of “no-kill” meat products every year.
A long-held belief is that it’s best to be “long-iron and short-taxes.” That’s likely to limit downside risk in the used equipment market through the end of the year.
The Black Sea Grain Initiative has been extended for 120 days from Nov. 18, without any changes. The deal is bearish for U.S. corn and wheat exports, which are already lagging.
Is Mexico’s recent corn buying spree a coincidence, or are they front loading ahead of their GMO ban?
Grains manage to hold key support areas despite the volatile week. Where does the market go from here? Michelle Rook asks Oliver Sloup of Blue Line Futures.
Pelosi is to step down as leader of the Democratic Party in the House, a position she has held since 2003. House Majority Leader Steny Hoyer says he will remain in Congress but won’t seek a leadership position.