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AgDay TV Markets Now: Chip Nellinger with Blue Reef Agri-Marketing discusses if soybeans have topped and how low corn could go after the USDA Report data.

USDA looks to improve the future measure, monitoring, reporting and verification of ag climate emissions via a $300 million investment announced on Wednesday.

The biggest surprises included a 4-bu. reduction in corn yield and soybean ending stocks came in at 300 million bushels, which is 100 million bushels higher than trade estimates.

Three senators introduced the Voluntary Groundwater Conservation Act, aiming to provide family farmers and ranchers with more flexibility to protect groundwater resources while maintaining their agricultural lands.

Grains lower with a bearish USDA report, especially on soybean ending stocks. Have soybeans topped and how low does corn go? Livestock also reverse lower in bearish action. Chip Nellinger, Blue Reef Agri-Marketing.

Grains sell off with bulls disappointed in a 300 mb ending stocks figure for soybeans, lower corn yield offset acreage, while U.S. wheat numbers were slightly bearish. Brian Splitt with AgMarket.Net.

John Smith is growing 137 acres of wide-row cluster corn planted directly over his water source. Essentially, he is taking his corn to the well.

Grains mostly higher with report positioning & spillover from friendly CPI data. That’s supporting hogs and live cattle are making new highs. Allison Thompson, The Money Farm, has details and a preview of the WASDE.

Thieves are ripping off yield monitors and navigation systems, many of which retail for $4,000-plus. Some authorities speculate the tools are sold on the black market abroad for use as is or pieced out for their parts.