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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Working to confront mental health challenges in agricultural communities and the associated stigma, Rural Minds provides support through information and resources.
Mike Minor, Professional Ag Marketing, says corn and wheat futures have had a nice rally off of extremely low price levels hit last week and oversold conditions. However, the markets hare running into chart resistance.
A chief concern is whether glyphosate will be targeted by the report, which is expected to be unveiled on Thursday. A number of farmers have voiced concerns collectively and individually this week.
Wednesday was a busy day for markets, ranging from metals and energies to grains and indices. Oliver Sloup got some added insight from Market Strategist Phil Streible and Head of Research Dan White.
Former Montana Democrat senator and longtime farmer Jon Tester sharply criticized the GOP-led House reconciliation bill and its proposed agriculture provisions.
Mark Schultz, Northstar Commodity, says the rally in wheat has been driven by weather and money flow but wheat, corn and soybeans are running into chart resistance.
Being stuck is a normal situation people find themselves in. To get unstuck, Kacee Bohle suggests it starts by taking take a 360-degree evaluation of your reality.
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Kent Beadle, Paradigm Futures, says the grain rally is being supported by technical or fund buying, the U.S. lower dollar index and weather.
According to USDA’s latest Crop Progress Report, 74% of the Illinois corn crop is planted, which is three points behind average, but a 20-point jump in just a week. Illinois farmer Brent Johnson says his May planted corn has been his best yielding corn the past few years.