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The collapse of soybean basis levels in Brazil tanked the soy complex. Vince Boddicker, Farmers Trading Company says, “People are saying with the basis dropping that hard maybe the Brazilian crop isn’t that tight.”

Canadian Ag Minister MacAulay had discussions with USDA Secretary Vilsack regarding proposed changes in voluntary “Product of USA” labeling regulations for meat and livestock, as well as California’s Proposition 12.

Chip Flory warns that as more crush capacity comes online, the soybean market might realize it waited too long to bid for 2024 soybean acres.

Cattle try to extend gains after strong chart action awaiting cash. Hogs see follow through buying on China news. Corn & beans see profit taking w/weak exports. Scott Varilek, Kooima Kooima Varilek, has more.

This month’s Rural Mainstreet Index marks the fifth-straight month where the index has been below the growth neutral mark.

Kinze introduces its new 5670 pivot fold, split row model planters for the 2025 planting season. The company says it delivers enhanced productivity, increased operator convenience and efficient serviceability.

Vilsack’s interpretation of 2018 Farm Bill language on this topic allowed him to raise SNAP spending by a quarter trillion dollars.

AgDay TV Markets Now: Oliver Sloup, Blue Line Futures, explains what drove the rally in grain and livestock futures Wednesday and if it can keep going?

Grains end higher as corrective buying continues but the lower dollar and SA wx were also supportive. Cattle and hogs made new highs for the move on fund buying. Oliver Sloup, Blue Line Futures has details.