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AgDay TV Markets Now: John Payne of Hedge Point Global Markets discusses the profit taking in grains Thursday and new highs in live cattle off sharply higher cash.

Just ahead of USDA’s Prospective Plantings report, the largest cotton growing state in the U.S. is seeing another year of drought, and with fields resembling the Dust Bowl, crop prospects are dwindling by the day.

But early soybean yields are coming in lower than anticipated. . .

Since states have majority control of utility policies and rates, the differences between renewable and fossil fuel-generated electricity is dramatic. California has a duck curve for electricity demand and solar supply.

Grains drift on profit taking after many contracts hit chart resistance. Live cattle make new contract highs on sharply higher cash. Cotton rallied anticipating lower acres. John Payne, Hedge Point Global Markets.

Grains starting to drift in report mode, but some markets hit chart resistance. Funds buy in cattle working in higher cash. Hogs mixed ahead of Hogs and Pigs Report. Jeff Hoogendoorn, Professional Ag Marketing.

On Friday, March 31, USDA will release its Prospective Plantings and Grain Stocks report. What should you know ahead of the report? Read through our team’s comprehensive coverage.

Markets are gearing up for UDSA’s Prospective Plantings and Quarterly Grains Stocks Reports.

Kevin McNew says the company’s survey of 2,000-plus growers shows they will plant 92.5 million acres of corn and 84.5 million acres of soybeans. Both estimates are counter to what USDA projected in February.

AgDay TV Markets Now: Ted Seifried Zaner Ag Hedge talks about the recovery in corn and beans off the lows and what is will take in the USDA reports to keep it going?