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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Arlan Suderman with StoneX, Inc. says some of Monday’s buying was tied to money flow and end of the year profit taking he says. The higher energy market was also supportive of the grains.
With trade developments and threatened tariffs causing uncertainty, it has many asking what is the current status for domestic sourcing of fertilizer and what additional tons could be produced stateside.
The team at The University of Missouri Rural and Farm Finance Policy Analysis Center (RaFF) reviewed 21 seed vendor financing programs.
South Texas farmer Brian Jones says years of missed water deliveries from Mexico have cut his planted acres in half, forcing tough planting decisions as a new agreement brings both hope and skepticism.
Live and feeder cattle futures made new highs for the move Monday morning after a strong close Friday and higher weekly closes. However, the big catalyst is the bullish USDA Cattle on Feed Report data according to Rich Nelson of Allendale, Inc.
Jon Scheve discusses what is impacting bean prices right now and provides the detail and rationale of a recent trade he did that sold 100% of his soybeans.
As he awaits official per-acre payment rates from USDA, Jerry Gulke is leaning toward soybeans versus corn, saying the estimated $46-per-acre corn payment is woefully inadequate and “like a bridge to nowhere.”
Weekly overview of ag commodity market news and price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.
Jim McCormick with AgMarket.Net says the slide in soybeans has been a result of prices getting too high in anticipation of the China trade deal. Now prices are lower than before the purchases were announced. He’s hopeful a low is close.
It’s worth paying attention to the Bank of Japan and the market’s reaction to its latest policy moves.