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Shipping disruptions and higher freight costs are to blame for the basis collapse and the large carries in all the major grains, says Jerry Gulke.

This 40-plus-year-old tractor still has some life left in it. At a farm retirement auction, it topped $20,000.

A recap of this week’s price action plus market outlook broken down into 5, 30 and 90 day segments.

In early January, Illinois crop budgets were revised for 2024. Farmers are predicted to lose $135 to $160 per acre for corn and $20 to $107 per acre for soybeans. What’s a farmer to do when news is a punch in the gut?

Corn and soybeans continue to see fund selling, while funds are covering shorts in wheat. Outside markets respond to Jobs data. Cattle try to extend gains pushed by higher cash. Darin Newsom, Barchart, has more.

Corn-for-ethanol use totaled 481.7 million bu. during December, 3.3 million bu. above the average pre-report estimate.

With recent turnover in company leadership, a divestment in its insurance business, and a growing list of partnerships, FBN is re-focusing its business.

Will cattle prices set new record highs in 2024? Kevin Good, CattleFax has their price outlook for fed cattle and feeders.

AgDay TV Markets Now: Kevin Good of CattleFax says record fed and feeder cattle prices are expected in 2024.

While resilient farmland prices were the theme in 2023 and farmers were in the driver’s seat in most sales, Jim Rothermich with Iowa Appraisal has recently noticed a couple changes in the market.