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Grain markets were lower again, trading back down to what may prove to be some “MUST HOLD” trading levels. Will support hold?

Parts of the Texas Panhandle, Kansas and Nebraska could get some rain as early as this weekend. Other parts of the Midwest might have some moisture relief as well by early next week.

Vince Boddicker of Farmers Trading Company says funds were back selling in the grain markets with risk off spillover from outside markets including an implosion in crude oil.

Particularly, Syngenta will extend a unique offer focused in the Midwest to support targeted retailers’ adoption of Taranis’ AI-powered tools.

Jon Scheve discusses the recent USDA report and how it will impact bean prices.

Randy Martinson, Martinson Ag, says grain markets are seeing pressure from harvest, weather and renewed fund selling. All the markets are flirting with key support levels on the charts.

The latest AEM numbers suggest concerns about falling farmer demand for new machines were not overblown.

Grain markets were lower to start the week on continued pressure from last week’s WASDE report. The weakness has broken chart support which may put the Bears back in the driver’s seat.

Beef production is now forecast to increase marginally from year-ago and rise another 4.1% next year.