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AgDay TV Markets Now: Pro Farmer’s Brian Grete Says Grains End Mostly Lower on Weather, WASDE, Money Flow and Black Sea Grain Deal Uncertainty.

Biofuel stocks have struggled recently due to a downturn in the industry, with some stocks declining more than 20% in the past year.

The Office of Investment Security proposed a rule on Friday that would require foreign entities to garner U.S. government approval before they are able to purchase land within 100 miles of eight military bases.

China seems to have made the strategic decision to buy ag products from just about every global supplier but the U.S., largely a result of the rising trade tensions between the two countries.

The record for most lifetime milk produced by a registered Holstein cow has been broken once again in 2023. This time by Nor-Bert Colby Connie, a 14-year-old Holstein owned by Nor-Bert Farm in Bremen, Indiana.

Grains end mostly lower except hard red wheats on weather, WASDE positioning and money flow. Cattle bounce with help from futures discount to cash, while hogs wait for cash to catch up. Brian Grete, Pro Farmer.

More than 75% of the farm bill is reserved for nutrition and SNAP. Congressmembers are looking to tighten the reins on SNAP benefits that “cost taxpayers billions and contribute to the nation’s obesity,” says Sen. Rubio.

Wheat tries to hold early gains, with the rest of the grains fading ahead of crop progress and the May WASDE. Cattle rebound but await cash, hogs try to consolidate after an ugly week. Kent Beadle, Paradigm Futures.

Grains start higher after higher weekly closes, but fade trading weather, planting progress, WASDE. Cattle bounce after a lower week, while hogs see 2-sided trade. Tomm Pfitzenmaier w/Summit Commodity Brokerage.

Rising interest rates and higher farm expenses will pressure farm finances ahead, according to the latest quarterly economic outlook published by ag credit lender Farmer Mac.