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In the past year, 85 grain trailers have sold for more than $40,000 at auction. In 2018, only six sold that high. Why would buyers pay such high prices? They want machinery — now.

This 2010 John Deere 9330 4WD with only 415 hours sold on Sept. 5 at a consignment auction in Dexter, MN

Grain mixed with short covering in row crops waiting for fresh news, technical selling in wheat. Cattle higher with lower corn, higher cash and report positioning. Michelle Rook w/Randy Martinson, Martinson Ag.

Farmers are asking, ‘Do I chisel first and then apply anhydrous? Or will I get better results doing the opposite?’ Get Ferrie’s answer and his insights on addressing hybrid weaknesses to harvest more corn in 2023.

The International Grains Council (IGC) trimmed its forecast for 2022-23 global wheat production by 1 million metric tons (MMT).

Grains two-sided, consolidate watching outside markets like lower crude oil. Cattle seeing higher prices on cash strength with profit taking in hogs. Michelle Rook w/ Chuck Shelby of Risk Management

Corn ends slightly higher, wheat off lows. Has market absorbed Black Sea Export Deal extension? Soybeans hit w/lower BO and SA weather. Will these levels hold? Michelle Rook w/Matt Bennett of AgMarket.Net.

It’s time to play offense and defense. The new reality of the farm equipment landscape means you can no longer take a lackadaisical approach to purchasing new or used equipment.

Corn ends slightly higher, wheat off lows, absorbing the Black Sea Export Deal extension. Soybeans saw technical selling pressure w/lower BO. Cattle strong w/higher cash. Michelle Rook w/Matt Bennett, AgMarket.Net

In USDA’s November crop report the agency put soybean yields in Wisconsin at 54 bushels per acre with record corn yields at 182 bushels per acre. Yield results from the field are backing up that forecast.