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AgDay TV Markets Now: Darren Frye, Water Street Solutions, says soybeans and meal see profit taking with Brazil rain chances and drag corn down as well.

Removing compaction and density layers before transitioning to a vertical system can add 15 bu. to 20 bu. per acre and might lower cost of production, according to Farm Journal Test Plot research.

Weekly overview of ag commodity market news & price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.

Soybeans see profit taking on Brazil rain chances, pull down corn and wheat. Cattle rally into a slightly friendly COF report. Crude oil rebounds. Darren Frye, Water Street Solutions, has more.

Declining populations might contribute to environmental improvement but worsen rural quality of life

On the positive side for corn, the U.S. corn harvest is winding down rapidly, which means farmer selling at the local elevators and commercial hedge pressure will subside.

Soybeans pull grains lower with rain chances for Brazil and technical selling. Cattle see short covering pre-COF and after the Tyson cyberattack. Hogs firm. Vince Boddicker, Farmers Trading Company, has details.

Pioneer announces its Z-Series brand of soybeans will be available in limited quantity for next season.

Risk off day as cattle continue defensive ahead of the CoF Report, hogs consolidate. Soybeans lower with Brazil rain chances and corn follows digesting extra bushels. Scott Varilek, Kooima Kooima Varilek has more.

The International Grains Council (IGC) raised its forecast for 2023-24 global grain production by 3 MMT to 2.295 billion MT.