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.
Stream the latest episode on Farm Journal TV. Now available on Apple devices, Android devices, Roku, Apple TV, and Amazon Fire.
Latest News
In its preliminary estimate, Conab forecast Brazil’s soybean acreage would increase 3.6% to 49.08 million hectares (121.2 million acres).
Mike Hynek contends the gap between agribusiness and common farmers has never been greater: “We’re being driven to the breaking point.”
Mike Zuzolo with Global Commodity Analytics says soybean futures closed slightly higher on Monday as trade tensions with China seemed to ease over the weekend. However, he says the soybean market doesn’t totally trust that a deal is going to take place.
With the loss of Chinese demand, U.S. ag is searching for its next “shining star.” Researchers at Iowa State may have found it for soybeans: the road beneath your feet and the refineries needed to fuel your truck or car.
Falling crop prices, skyrocketing expenses, and trade disputes are creating conditions that are too much for farm families to bear.
On Markets on the Move, Oliver Sloup recaps the action: metal and cattle markets continued higher, while corn futures continued to drift lower. These are the levels to watch. Tune in!
Farmers are still put off by the high price of new, and the used equipment auction world is where they are heading in droves, whether its to find 10-plus-year-old bargains, good-condition, late-model machines or even rare, classic gems.
Grain markets have been choppy to start the week, with corn futures threatening a bigger technical correction.
Brad Kooima of Kooima Kooima Varilek says November feeder cattle futures were up over $20 last week and have led the rally on strong cash, tight supplies and the continued cases of New World Screwworm (NWS) in Mexico keeping the border shut.
Chinese crushers have been bolstering supplies of the oilseed with shipments mainly from Brazil.