University of Illinois’ Todd Gleason has Crop Production report reaction with Illinois Ag Economist Darrel Good.
Darrell Good USDA Report Reaction
Listen in to Illinois Ag Economist Darrell Good’s analysis of today’s reports.
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Vince Boddicker with Farmers Trading Company says the market disregarded flash export sales for corn and soybeans and instead funds took some profits after a sizable rally staged in August and early September and before the WASDE.
Mark Schultz with Northstar Commodity says wheat was adding geopolitical premium on Tuesday as peace talks failed over the weekend but the grain complex was also positioning ahead of the USDA reports.
Brad Kooima with Kooima Kooima Varilek says the presidential executive orders will not have any immediate impact on the cattle industry or the market.
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“I’ve spent less than 35% of normal chemical costs so far this year,” Orin Romine says. “It’s not complicated. On my operation, the math works.”
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