“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.
Wheat continues to rally while row crops ease, all watching weather says Allison Thompson of The Money Farm. Cattle build on Thursday's reversal on better cash news.
The European Commission cut its forecast for the 2024 European Union wheat crop to a four-year low amid a projected bigger decline in planted area than previously expected.
Grain and livestock close mixed Thursday. Alan Brugler, Brugler Marketing says wheat rallied for a 6th day pulling along corn and may still have some upside. Cattle recover with the help of better cash news.