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 June WASDE confirmed grain poor demand and growing U.S. supplies.
AgDay TV Markets Now: Jim McCormick with AgMarket.Net says the U.S. will need a major crop problem to overcome the poor demand in the June WASDE.
Several factors converge making corn rootworm, black cutworm and true armyworm a high concern this season.
Drugs such as penicillin and some others routinely used to treat cattle, hogs and other food animals will be available only with a prescription from your veterinarian, starting June 12, 2023.
The WASDE made only adjustments but confirmed the U.S. isn’t competitive. So, grains turned traded weather, beans rallied with soybean oil. Cattle and hogs tried to recover. Jim McCormick. AgMarket.Net.
Sluggish exports continue to be the main theme in the grain markets with USDA cutting both old and new crop ending stocks. Arlan Suderman of StoneX Group says the bigger story moving forward might be soft corn demand.
Corn market outlook for the next 5, 30 and 90 days.
Ireland’s Agriculture Minister has been looking into various ways to reduce methane emissions, including culling 200,000 cows over the next three years.
Corn, wheat lower w/35 mb increase in new crop corn carryover, 6 mb in wheat, but the focus is on a wetter forecast. Soybean carryout up 15 mb but export biz, higher BO support. John Heinberg, Total Farm Marketing.
Corn and wheat mostly lower, on weather, report positioning. Soybeans up with an export sale & higher bean oil. Cattle and hogs try to stabilize after a two days of profit taking. DuWayne Bosse, Bolt Marketing.