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
Cotton production will hang by the thin threads of demand in 2023 — and prices will likely sway in the 80¢ to 85¢ per pound range, depending on La Niña’s trajectory.
Wheat sees corrective buying, soybeans more technical selling with good rains in Argentina. Corn is caught in the middle. Cattle and milk markets are lower. Bryan Doherty of Total Farm Marketing has details.
U.S. officials told Mexico its approach on biotech crops are still “not grounded in science,” and will face a USMCA battle if the matter is not resolved.
A New Way to Rent Ground Is Gaining Traction — With Cash Rent Bids In Illinois Topping $600 Per Acre
The cash rent auction concept is an open and transparent format where a landowner places ground up for rent and farmers bid based on how much they would pay per acre to farm the ground for the specific term.
AgDay TV Markets Now: Pro Farmer’s Brian Grete talks about the corrective bounce in corn and wheat and why soybeans couldn’t hold $15.
For example, Rep. Ralph Norman in the past unsuccessfully pushed crop insurance amendments that would have cut premium incentives/subsidies by 15% for producers with specified adjusted gross incomes.
Corn and wheat saw corrective buying, but soybeans couldn’t stay above $15 with farmer selling and improved weather in Argentina. LC saw fund buying, while hogs were lower. Brian Grete, Pro Farmer has details.
Profitability and efficiency are big drivers for growers evaluating conservation-based farming practices. Each farmer who spoke at the Trust In Food Symposium said they have adopted at least one such practice, to date.
Cattle futures lower with higher corn and fears of lower cash, hogs can’t find a bottom. Grains started off with some corrective buying but it’s drying up in soybeans. Brad Kooima of Kooima Kooima Varilek has more.
Grains seeing a technical bounce, but will it hold? Cattle under pressure in response, while hogs are slightly higher but are they trying to bottom? Tomm Pfitzenmaier of Summit Commodity Brokerage has details.