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 Midwest has been inundated with rain, heat, oppressive humidity and “corn sweat”. In fact, meteorologist Ryan Maue says the heat index hit 115°F Sunday night in Iowa — and 20°F to 25°F of that was coming from surrounding corn fields.
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DuWayne Bosse with Bolt Marketing says corn made a new contract low in the September contract, with December trying to hold support. Soybeans and wheat are also lower early Tuesday.
In an outrageously wild hoodwink, game wardens froze a roadkill buck and snagged a chain of outlaw hunters and coke.
Soybean conditions improve more than expected to 5-year best 70% Good-to-Excellent. Corn conditions slide 1% in line with traders’ expectations.
Garrett Toay, AgTraderTalk, says corn and soybeans continued to push back towards recent lows on weather as areas of the Corn Belt saw rain over the weekend and the heat is starting to ease.
UPDATE: BAMWX.com meteorologist Bret Walts is forecasting potentially damaging wind storms forming over large parts of Minnesota, Iowa, Nebraska and North and South Dakota starting Monday evening and lasting into the night.
This week’s “Pete’s Pick of the Week” is a gently-used 1985 John Deere 6620 with a pickup head for $21,500.
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Grain markets are following the recent trend of a lower Monday trade, while cattle futures scream higher following bullish reports on Friday afternoon.