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
Darin Newsom with Barchart discuss whether or not he thinks the grain markets are bottoming, especially after the key reversals in wheat. But is it technical or fundamental? Plus, we discuss if crude oil bottomed.
A fraudulent cattle scheme allegedly orchestrated by a Kentucky cattleman has left investors and a financial institution reeling under a $100 million loss.
The change will not impact how farmers work with their current seed salesman in 2023, a Bayer spokesman tells Farm Journal. However, a different go-to-market approach is in the works.
Politicians, scientists, and celebs assure us the apocalypse is tomorrow, and if not, the day after will do. Buckle up for a look at 50 years of cataclysmic predictions.
AgDay TV Markets Now: Chip Nelliger, Blue Reef Agri-Marketing says wheat built on the key reversal and may be trying to bottom, while corn and soybeans held up despite bearish news.
Soil conditions, temperatures and weather outlook are aligned. “Let the big dogs run, and keep the planters running until you’re finished,” says Ken Ferrie. “This corn will fly out of the ground.”
The reason for the shift is rooted in financial improvements, according to James Mintert, professor in the Department of Ag Economics at Purdue.
The Federal Reserve raised interest rates 25 basis points on Wednesday and remains adamant interest rate cuts will not come until 2024 at the earliest.
The U.S. exported $15.86 billion in ag goods during March.
Wheat extends gains after Wednesday’s reversal. Soybeans and corn hold together in a risk off day with bearish weather and exports. Cattle consolidated, hog fail. Chip Nellinger, Blue Reef Agri-Marketing.