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Farm income is expected to drop notably from last year alongside lower revenues and higher expenses, but remain well above the historic average.

Grains still higher but row crops off session highs w/some profit taking after running into chart resistance, but still supported by Brazil weather. Cattle see fund selling. Allison Thompson, The Money Farm, has more.

Soybeans lead the grains mostly higher with technical buying and putting in Brazil weather premium. Cattle fall with higher feed prices and fund liquidation. Randy Martinson, Martinson Ag, has more.

For a lot of farmers, 2023 was a tough growing season and Mother Nature didn’t cooperate. But don’t let that drive your seed-selection process for next year. Consider these five recommendations instead.

Data from the Chinese Ministry of Agriculture and Rural Affairs revealed that China’s sow herd has decreased to 42.1 million.

AgDay TV Markets Now: Tommy Grisafi, Advance Trading, says soy complex adds Brazil weather premium. Corn reluctant follower as wheat is anchor making new lows.

Jon Scheve likes to have full control of his grain sales. The minor cost to carry his own hedge account is almost always offset with better basis values and improved negotiating power.

Turkey is o.k., but it’s a far cry from a delicious holiday ham in my book. That’s why I can’t help but be intrigued by turporken.