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Grain futures were able to not only stabilize but gain ground back in today’s trade.

The past four days of high heat and no moisture have taken a toll in the state with some farmers predicting corn yield lows of 140 bu. per acre. Some still anticipate 200-bu. plus yields. All they need is some rain.

This time last year, more than 36% of South Dakota was covered in drought. This year, that number dropped to 14%. Dry conditions did improve in the east, but some fear early season dryness could play out in coming weeks.

As scouts made their way through eastern Nebraska, the state’s extreme-to-exceptional drought conditions (15%) were obvious in corn. Scouts on the eastern leg saw more of a mixed bag for corn, including disease.

The CR series features five models: the CR7.80, CR7.90, CR8.90, CR9.90 and CR10.90.

Whether you have a low-cost operation, a highly leveraged operation or are somewhere in between, it’s a good idea to run an ROI analysis to understand just how good or bad marketing opportunities are at any time.

Brazil briefly wore the global corn export crown in 2012 because of the U.S. drought. With the ability to churn out three corn crops per year and a supply deal with China, Brazil might be set to maintain that title.

Upon registration, BASF plans to introduce Liberty Ultra for grass and broadleaf weed control in glufosinate-tolerant soybeans, corn, cotton and canola next season.

Conditions are right for the disease to break loose in parts of the Midwest. If it does, agronomists recommend three steps farmers can take to prioritize affected cornfields for harvest to minimize yield loss.

AgDay TV Markets Now: Mike Zuzulo, Global Commodity Analytics, explains what the macroeconomic concerns signal and what that means for commodity markets.