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AgDay TV Markets Now: DuWayne Bosse of Bolt Marketing says risk off fund selling and weather pull down corn and wheat, but soybean technicals more bullish.

Generally, E15 is banned in summer months, but EPA flipped the script for the first time last year when it lifted the ban to lower pump prices.

USDA’s latest Crop Progress report shows while corn planting is now right on track with average, the soybean planting pace is well above average despite North Dakota and South Dakota farmers who are still sidelined.

“We have a pretty deep trough of low-pressure that’s kind of parked over the Midwest, which is leading to below-normal temperatures,” says Brad Rippey, USDA meteorologist. Here’s a look at the 30-day forecast.

In April 2017, Ray Starling, Special Assistant to the President for Ag, Trade and Food Assistance during the Trump administration, received some important news. What happened next helped change the course of history.

EPA has announced it will issue an emergency waiver to allow E15 use this summer. The temporary waivers will be issued every 20 days and exempt the 15% ethanol fuel blend from volatility requirements.

Lower except soybeans as risk off in outside markets triggers more fund selling. Plus, better planting weather, rain chances for HRW areas. Consolidation in cattle & hogs, watching cash. DuWayne Bosse, Bolt Marketing.

After seeing 25,000 sales of used disks come and go, Machinery Pete showcases three, each one from a different manufacturer, that have captured the highest prices farmers have ever paid for a tillage tool – so far.

Fund selling continues in corn and wheat, with risk off including lower crude oil and bearish weather. Cattle and hogs consolidate with a higher dollar. Mike Minor, Professional Ag Marketing has details.