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Russia is now saying it will only extend its Black Sea grain deal if sanctions are lifted on its own agricultural products. The deal, which was brokered last year, allowed for safe passage of Ukrainian ag products.

See & Spray Premium is available for John Deere MY 2018 and newer self-propelled sprayers in the U.S. with factory-installed ExactApply System/ ExactApply Performance Upgrade Kit, steel boom and 15” or 20” spacings

“The modem, along with the G5 Universal displays and StarFire 7000 Universal receiver, provide customers with a pathway to the future of precision ag,” says Ryan Stien, marketing manager for John Deere.

Corn, soybeans see more short covering, w/strong meal & drop in Argentina crop ratings. Cattle up with strong cash, putting in weather premium, hogs up for now. Scott Kooima of Kooima Kooima Varilek has details.

Markets mostly higher. More short covering in grains w/ the lower dollar and declining Argentina ratings. Soybeans hit 50% retracement. Cattle bounce with firmer cash. Randy Martinson of Martinson Ag.

With USDA’s carryover estimates trending higher and price outlook trending lower from last year, many expect the sideways trends in new-crop futures to continue until the next shift in the fundamental outlook.

AgDay TV Markets Now: Soybeans and wheat continued to recover on Thursday, but corn wasn’t able to maintain its early strength. DuWayne Bosse of Bolt Marketing explains why.

“The prioritization of resource concerns must be left to the local level where producers decide how they can best address their unique and varied landscapes and needs,” said Sen. John Boozman.

It’s too soon for details yet, but it is clear based on our sources the U.S. crop and livestock insurance programs are being closely reviewed.