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World Weather Inc. anticipates scattered showers and cooler temps with a frontal passage through Argentina during the middle of next week but amounts and coverage levels won’t be enough to halt crop stress.

Soybeans rally on corrective buying, dry Argentina weather. Corn tries to follow, but poor exports and lower wheat are a drag. Livestock see follow through selling. Shawn Hackett of Hackett Financial Advisors.

AgDay TV Markets Now: Shawn Hacket of Hackett Financial Advisors talks about what drove the corrective rally in soybeans and the focus on Argentina weather and the upcoming USDA data dump.

Demand concerns have been intensifying with the spike in Covid numbers in China. That’s been sending a negative tone across the energy sector, equities and portions of the ag markets.

Soybeans higher on corrective buying, dry Argentina weather. Corn tries to follow but poor exports are a headwind. Cattle & hogs see follow through selling, trade cash. Joe Vaclavik of Standard Grain has analysis.

“For the next two years, I am intensely focused on… leading the passage of the next five-year Farm Bill, which determines our nation’s food and agriculture policies,” says Sen. Stabenow.

Farmers National Company released its 2023 land values report this week, showing land sold at auctions set records in several states with values across Corn Belt States seeing a year-to-year increase between 20% and 34%.

Grains see a corrective buying with some export biz and dry Argentina weather, but will it hold? Cattle lower after steady cash, hogs lower following cash. Chuck Shelby of Risk Management Commodities has more.

This 1997 AGCO Star 8360 with 3,971 hours sold for a record price on an online auction out of North Dakota

Senate Ag Chair Debbie Stabenow (D-Mich.) announced Thursday she won’t seek re-election and will retire when her fourth term ends in early 2025.