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China imported 10.56 MMT of soybeans in December, up 19.1% from last year and the highest monthly tally since . . .

Critics told EPA in the public session the agency has underestimated the existing or expected industry capacity.

AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing talks about the surprises in the USDA report and the lower South American production numbers. Are they’re game changers for corn and soybeans?

A few surprises came out of USDA reports, including a 1.6 million acre drop in U.S. corn acres. As a result, the U.S. crop balance sheets continued to tighten and corn and soybean prices shot up on Thursday.

The International Grains Council (IGC) raised its forecast for global wheat production in 2022-23, driven largely by a larger-than-expected crop in Ukraine.

Grains rallied after several bullish surprises in the USDA report numbers but it the news enough to keep the markets moving higher? Livestock set back in response. DuWayne Bosse with Bolt Marketing has details.

The Labor Department showed annual inflation cooled in December, with food prices up 0.3%. And while some food costs are showing improvement, the cost of eggs has spiked since last year.

AgDay TV Markets Now: Kent Beadle of Paradigm Futures talks about marketing strategies for the 2023 corn crop.

Russell Hedrick smashed dryland corn yield records in 2022. He averaged 268 bushels across his operation, including 40 acres at 368 bpa—bookended by a contest spot at a stunning 459.51 bpa.

The Buenos Aires Grain Exchange warned it may have to cut its production forecasts for soybeans and corn for the 2022-23 growing season by up to 25% . . .