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Pro Farmer Analysis
Soybean Analysis: Feb. 21, 2023
March soybeans rose 21 1/2 cents to $15.48 3/4. May soybeans gained 21 3/4 cents at $15.44. Both contracts closed near the session highs and closed at contract high closes.
February 21, 2023 03:10 PM
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Pro Farmer Editors
Market Analysis
Markets Close Higher Except Wheat: Grains Trade SA and U.S. Weather, While Strong Cash and Cutouts Support Livestock
The soybean complex was up on Argentina frost. Corn tried to follow but wheat failed with forecasted moisture in HRW areas. Livestock up working in strong cash and cutouts. Matt Bennett, AgMarket.Net has analysis.
February 21, 2023 02:16 PM
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Michelle Rook
Politics
John Phipps: Is it Even Feasible to Bring the Production of Chips and NH3 Back to the U.S.?
Between the 2022 CHIPS Act and the 2022 Inflation Reduction Act, there’s a policy push to bring the production of both semiconductor chips and nitrogen to the U.S.
February 21, 2023 01:35 PM
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U.S. Farm Report
New Machinery
Great Plains Adds to Tillage Tool and Seeding Lineups and Teams Up With Bayer
On Thursday, at the National Farm Machinery Show in Louisville, Great Plains introduced new offerings with the VT1100 Turbo-Max, Terra-Max variable-intensity tool, and Turbo-Seeder.
February 21, 2023 12:25 PM
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Katie Humphreys
Market Analysis
Markets Mostly Higher Midday Livestock Supported by Higher Cash and Cutouts: Soybeans by Argentina Frost, Corn Tries to Follow
Markets are mostly higher at midday with cattle and hogs supported by higher cash and cutouts. Soybeans and meal trading Argentina frost and trying to pull corn along. Brad Kooima of Kooima Kooima Varilek.
February 21, 2023 11:27 AM
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Michelle Rook
Pork
Nashville Singer and Pig Farmer Release Anthem for Ag
Jesse Heimer set out to produce a song and music video that embodies what stock show families live, breathe and dream. Over time, Heimer’s plan grew into an anthem that all of agriculture can appreciate.
February 21, 2023 10:39 AM
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Jennifer Shike
Market Analysis
Grains Mostly Higher EarlyTrading Argentina Frost and Geopolitical, Economic News: Livestock Mostly Higher With Product Values Supportive
Soybeans and meal higher on Argentina frost and corn and wheat trying to follow but watching geopolitical headlines. Livestock supported early with higher cash and cutouts. Darin Newsom with Barchart has details.
February 21, 2023 09:21 AM
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Michelle Rook
New Machinery
Weird Science: Which Way Does Electricity Flow Through a Vehicle’s Electrical System?
From positive to negative, or from negative to positive? Depending on your viewpoint, it can flow either way.
February 21, 2023 07:00 AM
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Dan Anderson
Market Analysis
AgDay TV Markets Now: Chip Nellinger Discusses This Week’s Market Movers Including Argentina Frost and China Trade Tensions
AgDay TV Markets Now: Chip Nellinger of Blue Reef Agri-Marketing Discusses This Week’s Market Movers Including Argentina Frost, China and Black Sea Trade Tensions
February 20, 2023 02:33 PM
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Michelle Rook
Opinion
How Do Grain Cancellations Work?
With Brazil’s March beans priced 80 cents lower than US beans, there are rumors grain contracts could be cancelled. Jon Scheve explains how this works and how farmers could be impacted.
February 20, 2023 07:42 AM
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Jon Scheve
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