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A few surprises came out of USDA reports, including a 1.6 million acre drop in U.S. corn acres. As a result, the U.S. crop balance sheets continued to tighten and corn and soybean prices shot up on Thursday.

The International Grains Council (IGC) raised its forecast for global wheat production in 2022-23, driven largely by a larger-than-expected crop in Ukraine.

Grains rallied after several bullish surprises in the USDA report numbers but it the news enough to keep the markets moving higher? Livestock set back in response. DuWayne Bosse with Bolt Marketing has details.

The Labor Department showed annual inflation cooled in December, with food prices up 0.3%. And while some food costs are showing improvement, the cost of eggs has spiked since last year.

AgDay TV Markets Now: Kent Beadle of Paradigm Futures talks about marketing strategies for the 2023 corn crop.

Russell Hedrick smashed dryland corn yield records in 2022. He averaged 268 bushels across his operation, including 40 acres at 368 bpa—bookended by a contest spot at a stunning 459.51 bpa.

The Buenos Aires Grain Exchange warned it may have to cut its production forecasts for soybeans and corn for the 2022-23 growing season by up to 25% . . .

Pauline Maier’s exhaustive research for “American Scripture” exposes the stirring mental image of a young patriot thoughtfully creating timeless sentences in magisterial script as the view from a distance.

Agroconsult expects Brazil to produce record corn and soybean crops in 2022-23, despite dry weather in the far southern state of Rio Grande do Sul.

AgDay TV Markets Now: Fund traders bought grains in 2022 as a hedge against inflation but what catalyst do they need to resume that buying in the grains in 2023? Ted Seifried of Zaner Ag Hedge has the answer.