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Corn bounces off new lows, soybeans lower eyeing Brazil rains and wheat seeing profit taking. Grain markets face shipping issues & farmers are more unsold than normal. Nick Tsiolis, Farmers Keeper.

Grain markets were under pressure in yesterday’s trade but are firming up after defending significant support levels. Are the markets gearing up for an end of year rally?

Hot, dry weather in Mato Grosso, Brazil’s top soybean producing state, is expected to reduce soybean production by around 20% in 2023-24, according to farmer group Aprosoja.

AgDay TV Markets Now: Kevin Duling, KD Investors, says soybean market falls with rain forecast in Brazil, despite lower estimates and corn follows. Why does wheat buck the trend?

“I’m shooting for consistent averages around 75 or 80 bushels without stacking inputs,” says Matt Griggs. “ROI don’t lie.”

The latest computer forecast models for ENSO events suggest El Niño peaked a few weeks ago and will begin a steady decline in January.

Soybean fall with Brazil rain forecast; corn follows with concerns about the MX rail issue. Wheat sees short covering with talk of China biz. Cattle consolidate awaiting cash/COF. Kevin Duling, KD Investors has more.

If there’s any “good” news for 2024, economist Joe Kerns says it’s that it can’t be worse than 2023. Although economists expect 2024 to be another challenging year, some believe it will be a turning point for U.S. pork.

The high yields get the headlines, but how can you increase your yields across your farm? Consider these tips.

Soybeans fall on Brazil rain forecasts pulling down corn, plus U.S. MX rail issue. Wheat sees corrective buying. Cattle mixed awaiting COF & cash, hogs fall w/LHI. Vince Boddicker, Farmers Trading Company, has more.