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Perennial grain crops offer soil-boosting and climate-mitigating effects—while also bringing in cash.

The Kansas Wheat Quality Council’s 2021 winter wheat tour wrapped up after making it’s way across the state. And the 2021 yield potential is high. Scouts uncovered the highest tour average on record going back to 2000.

The cattle industry’s unprecedented meeting was centered around meat packing margins and claims of market monopoly. The meeting among the six groups is now drawing a response from the meat packing industry.

One of the companies looking into carbon capture and storage commercially is ADM. The company is announcing a milestone in a first-of-its kind project.

USDA’s is giving more insight into climate initiatives and how ag could play a part. The agency issued a 90-day progress report on what it calls climate-smart agriculture and forestry.

From a weakening basis to concerns about falling demand, soybean prices slipped on Friday, hitting a one-month low. AgriTalk’s Chip Flory digests the slipping soybean prices and what it means for the week ahead.

China’s appetite for new crop corn is now sitting in uncharted waters. China has committed to purchasing 321.2 million bushels, or 8.15 million metric tons, since May 10, and analysts say there are two main drivers.

For the week of May 17, corn was higher and soybeans were down hard along with wheat, meal, canola and soy oil. There has been good opportunities to sell cash and avoid the futures exposure.

From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Friday, May 21.

As commodity prices screamed higher, the cost of doing business is increasing for grain elevators also was on the rise. And market analysts say if commodity prices rally again, it could come at a cost to farmers.