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
While the reintroduction of wolves has led to significant challenges for local ranchers, some say they are willing to deal with the animals if they will return to their natural habitat.
China’s pork prices have been declining all year are likely set to drop even lower.
Paul Neiffer provides an update on SDRP as well as ARC-PLC payments. Plus, are you aware the IRS has released guidance on new bank loan interest deductions? The Farm CPA gives a quick overview of that opportunity, too.
Oliver Sloup on Markets on the Move: yesterday’s optimism in corn and wheat gave way to today’s disappointment as prices retreated. Soybeans closed lower for the third consecutive day and are hanging on the edge of a significant inflection point.
Vince Boddicker with Farmers Trading Company says grains took the path of least resistance on Wednesday trading lower with a lack of fresh bullish news.
In addition to increasing carcass counts, wolves decrease reproduction rates, weaning weights, calf health and human well-being — costs often uncompensated or uncounted.
Corn and wheat futures were lower early Wednesday seeing some profit taking after a higher close Tuesday says Darin Newsom, senior market analyst with Barchart.
Awaiting word on USDA ‘bridge assistance’
Darren Frye with Water Street Solutions says the market was adding some geopolitical risk premium with tensions rising in the Black Sea region.
USDA’s Brooke Rollins says the financial details will be unveiled next week. Some groups estimate payments could total in the neighborhood of $12 billion. “There’s people that can really use them. Everyone can use them…but we’re not getting real solutions,” says one Iowa farmer.