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Soybeans sees SA weather market, contract highs in meal supportive. Wheat now leading on short covering, corn following. Cattle see profit taking after contract highs, higher cash. Kent Beadle of Paradigm Futures.

Keep an eye on these four issues to impact corn and soybean prices in 2023.

Grains higher early with soybeans leading on Argentina crop concerns, new contract highs in meal and fresh export biz, corn and wheat following. Cattle are mixed with hogs mostly lower. Michelle Rook has details.

Urea can be used to replace part of your spring N needs, but there are risks to be aware of and evaluate before you decide to go with it. The same is true for a mono-crop, especially if you choose continuous corn.

Soybeans remained above $15 supported by continued crop concerns in Argentina. John Heinberg of Total Farm Marketing talks about how long the weather market may last, lower grains and the new highs in live cattle.

Soybeans held SA weather premium, corn and wheat saw EOY profit taking and rising China COVID cases. LC made some new contract highs on weather and firming cash bids. John Heinberg, Total Farm Marketing.

China’s state-owned grains trader COFCO said a new joint venture it has set up with state stockpiler Sinograin to manage the country’s grain reserves will officially begin operations next month.

Corn and wheat seeing some end of year profit taking, while soybeans are building SA weather premium. Cattle are also supported by weather, profit taking in the hogs. Chuck Shelby of Risk Management Commodities.

Export tariffs on aluminum and aluminum alloys will be raised. The current import tariff will stay on seven types of coal until March 31, with tariffs adopted for most favored nations from April 1.

Corn, wheat see EOY profit taking on China COVID #s, soybeans up on SA weather. Cattle higher with lower corn & weather supportive, while hogs also see profit taking. Randy Martinson of Martinson Ag has details.