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AgDay TV Market Now: Arlan Suderman, StoneX says Corn up for the 4th day, but a sustained rally may be unlikely.

Updated crop and rangeland damage estimations for 2023 reveal the significant impact of natural disasters on domestic farm production.

Corn and wheat rallied on end of month profit taking by the speculative traders, while soybeans and cattle faltered. Arlan Suderman with StoneX has details.

USDA Secretary Tom Vilsack has been advocating for a policy that would allow corn-based ethanol to qualify as a feedstock for sustainable aviation fuel (SAF) credits.

While the Smokehouse Creek Fire rapidly became the state’s largest in history, four other wildfires are burning in the Texas and Oklahoma Panhandle area. (Additional images contained in story.)

Donations of hay, feed, fence supplies, cow feed and milk replacer are needed to support livestock owners impacted by the wildfires that have scorched ranchland across a large portion of the Texas Panhandle.

Experts are watching global dynamics to understand the input market’s longer-term outlook in the U.S. Among their top concerns are geopolitics, weather and low supply.

Corn closes higher with China talk but is the market finally bottoming? Matt Bennett, AgMarket.Net, provides insight.

AgDay TV Markets Now: Matt Bennett, AgMarket.Net, says corn is up for a third day despite a down day in wheat. Is it bottoming action and what kind of recovery rally can we expect?

Devastating wildfires are burning in the Texas and Oklahoma Panhandle region and the Smokehouse Creek Fire has already become the second largest in Texas history, consuming at least three-quarters of a million acres.