Corn and soybeans closed higher on Thursday, with lower prices in every other category. Michelle Rook gets details with Tommy Grisafi of Advance Trading. Strong new crop weekly exports and a hint of early frost in the forecast pushed corn and soybeans. Wheat continued to push to 10 month lows on continued Ukraine export shipments and a higher dollar. Cattle consolidated despite higher cash of $142 in the South and $234 in the north, up $2 to $4. A limit down close on October hogs on poor weekly exports and consolidation. Concerns about China trade relations were also in the background with the U.S. and Taiwan starting trade talks.
Lower Day Except Corn and Soybeans, Exports and a Hint of Frost Supporting Row Crops?
Corn and soybeans closed higher on Thursday, with lower prices in every other category. Michelle Rook gets details with Tommy Grisafi of Advance Trading.
August 18, 2022 01:56 PM
Related Stories
As farmers wait for official rates expected the week of Dec. 22, Paul Neiffer shares his calculation for six crops. Richard Fordyce with USDA also lays out the timeline for delivering payments and what farmers need to do to be on the list.
Follow these time-tested, expert recommendations this fall and winter to ensure you don’t overpay or get stuck with a machine with low resale value.
Take a quick trip with us to Beaver Falls, Pa., the hometown of Broadway Joe Namath and an impressive fleet of classic Oliver 55-Series tractors still hauling manure and tilling up Allegheny Valley dirt.
Read Next
The U.S. House approved legislation to allow year-round sales of E15 gasoline nationwide, aiming to lower fuel prices while facing pushback over potential refinery costs and the impact on the national debt.
