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Large-scale family farms (GCFI of $1,000,000 or more) accounted for 48% of the total value of production and 31% of agricultural land in 2023.

Darren Frye, Water Street Solutions, says grains close higher after the WASDE and USDA’s surprise cut in corn ending stocks by 200 million bushels.

Some economists think agriculture is in a recession. Arlan Suderman, chief commodities economist for StoneX, is one of them. However, he believes comparisons to the 1980s are misguided.

Matt Bennett with AgMarket.Net says the agency shocked the market in the December WASDE by lowering ending stocks on corn 200 million bu. to 1.738 billion bu., with an increase in demand.

Prioritizing soil health with cover crops and a diverse crop rotation is allowing Jeff Sather to save on fertilizer, enhance drought resilience and market direct to consumers.

Donald Faivre tumbled into a bizarre tale of torture, Tojo, and cannibalism, yet emerged as he entered, a farmer with a heart of gold.

Grains were uniformly higher early this morning but some of that strength fizzled as positioning squaring ahead of Tuesday’s WASDE may have capped upside movement. Livestock markets were mostly mixed with little new news.

Data from the state weather forecasting agency last week indicated that over 37% of winter crops are in poor condition or have not sprouted due to low moisture levels.

Arlan Suderman, Chief Commodities Economist for Stone X, says corn and wheat ended higher on value buying after wheat hit contract lows last week. Soybeans continue to be under pressure with favorable weather in Brazil and basis levels below the U.S.

Brad Kooima, Kooima Kooima Varilek, says cattle are working in last week’s higher fed cash cattle trade. Grains are also mostly higher adding geopolitical risk premium and ahead of the WASDE.