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Markets saw a double-digit rally as USDA says the 2024 corn and soybean crops were not as big as originally projected.

Prime Minister Justin Trudeau’s administration aims for a “dollar-for-dollar” response.

Shawn Hackett with Hackett Financial Advisors says it will be tough for corn to run to $5 because report just confirmed what the market already knew.

A quick rundown of some recent notable smart farming products and companies innovating electrified and autonomous solutions.

USDA lowered corn yield a whopping 3.8 bu. and soybeans 1 bu. which led to lower production and ending stocks.

He was a farmer, governor, president and international peace maker, but many people will remember him most as a man who put honesty and kindness above partisan politics. The nation paused yesterday to remember and honor the nation’s 39th president.

USMEF and Soy Transportation Coalition leaders were among those weighing in on the decision, which could have cost U.S. farmers and ranchers an estimated $1.4 billion a week.

Scott Varilek of Kooima Kooima Varilek says the cattle futures are digesting another week of record cash trade at $320 dressed, up $5 and the South traded some $200 live, up $4.
Grains are firmer ahead of USDA reports and 45Z guidance.

Proposition 12 is exacerbating food insecurity in California – especially in the Asian and Latino communities who rely on pork as their primary protein.

Allison Thompson with The Money Farm says corn has rallied nearly $1 and soybeans around 50 cents off the lows. So production and ending stocks will need to come in well under trade estimates in the USDA reports for prices to push higher.