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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UNL predicts closure will result in $3.28 billion in annual statewide economic losses. The analysis projects more than 7,000 jobs lost statewide, including 3,212 plant positions, along with significant reductions in labor income and state and local tax revenues.
Jerry Gulke, president of the Gulke Group, says many farmers believe that corn and soybean yields need to be cut but he will be watching the ending stocks for direction.
As late-model inventory thins and auction values defy historical trends, buyers are prioritizing a disciplined approach and documented maintenance.
Darren Frye with Water Street Solutions says the trade guesses are fairly conservative with not many changes expected. However, that is not the history of the January reports. So could there be a surprise?
The January USDA reports have been historically a huge market mover and a great deal of the focus will be on final yields and production.
If you want to plant early this spring, agronomists say to remember that fit soils and good weather are far more important guides to follow than the date on your calendar.
Live and feeder cattle futures were lower early Friday but Scott Varilek of Kooima Kooima Varilek says it didn’t take long for the markets to firm up supported by the cash market.
History shows that down years for the greenback often happen in pairs.
Tommy Grisafi with Nesvick Trading says the soybean market faded after hitting chart resistance but also seemed disappointed with the lack of confirmed China export business. The grain complex also saw report positioning.
Prioritizing projects with a clear path to fast returns and lower costs can help you weather current economic challenges, say ag industry experts.