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Alan Brugler, A and N Economics, LLC says grains are caught in a tug of war between farmer selling and strong cash basis levels due to strong demand.

Lance Sommers has transformed his family’s 2,000-acre grain and dairy farm by integrating technology and boosting efficiency to free up time to refocus efforts on other aspects of their operation.

From January through September, Mato Grosso imported 4.51 MMT of fertilizers, a 4.8% decline from the same period last year.

It was a higher day in the ag markets with grains and cattle posting gains. Here’s how today’s trade shook out and a few things on our radar.

Craig Turner with StoneX says grains saw technical buying off support areas but demand is also strong.

USDA will issue $1.7 billion through the Conservation Reserve Program (CRP) and CRP Transition Incentive Program (CRP TIP). USDA will also distribute more than $447 million in ARC and PLC payments related to 2023 crops.

Allison Thompson with The Money Farm says corn and soybeans bounced off chart support and are seeing fund short covering but also strong end user buyer with another 14.2 million bushels of corn sold to Mexico.

The new post-emergence, knockdown solution is effective on broadleaves and grasses in glufosinate-enabled soybean, cotton, corn and canola acres.