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AgDay TV Markets Now: Allison Thompson, The Money Farm, says risk off selling, better crop ratings hit grains with Dec corn closing below the July low and at 2020 levels.

“These tax credits, which encourage the use of more eco-friendly fuels, could make or break the prospects of corn ethanol as a sustainable aviation fuel,” says Jim Wiesemeyer, ProFarmer policy analyst.

Drought is impacting operations along the Panama Canal, one of the largest shipping channels in the world, with restrictions now placed on both the number of ships, as well as the amount of cargo they can carry.

Some of the research now underway at the facility is focused on improving germplasm performance, launching stacked, next-generation differentiated traits and demonstrating regenerative agriculture cropping systems.

Argentina’s government devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points to 118%

Pro Farmer Crop Tour’s data-gathering methods are disciplined, which produces consistent results. We break down the when, where, why and how behind the numbers.

Commodity selloff with a risk off day tied to U.S. and China economic news. Better than expected crop ratings hit corn and beans with corn closing below the July low. Allison Thompson, The Money Farm, has details.

Tyson Foods’ decision to shutter four poultry processing plants, combined with Smithfield Foods announcing the closure 35 Missouri pig farmers, are strong signals that rapid consolidation is already underway.

Roughly 1.4 million metric tons of herbicide was applied globally in 2020. EPA looks to reduce the U.S.’s contribution to global herbicide numbers via a new regulation proposed on Monday.

A risk off day in outside and energy markets on some bearish U.S. and China economic news. What’s the outlook on crude oil, diesel, propane and natural gas heading into harvest? John Wenzel with StoneX Group has more.