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AgDay TV Markets Now: Mike Zuzulo of Global Commodity Analytics Discusses What Led to the Selloff in Corn and New Highs in Cattle

A large portion of the safrinha corn crop in Brazil’s Parana and Mato Grosso do Sul states will be planted outside the ideal window, according to AgRural.

The United States natural gas market has imploded with prices dropping 80% since summer. So, should end users be locking in supplies?

Despite weather trends, planting projections for 2023 find corn, wheat and soybeans similar to 2022, for a combined 228 million acres—a 3% increase from 2022.

Grains were mostly lower after USDA’s forecasts. Cattle marked new highs again ahead of the Cattle on Feed report, and hogs followed with strong cutouts. Mike Zuzulo of Global Commodity Analytics has the details.

Strong used equipment values have been a theme for the past 18 to 20 months, and Machinery Pete doesn’t see that story changing anytime soon. During National Farm Machinery Show he revealed why those prices could last.

Nitrogen is often the most limiting factor when it comes to crop productivity.

Grains mostly lower with consolidation, a lack of fresh bullish news, USDA’s Ag Outlook numbers. Live cattle hit contract highs on the atypical BSE case. Jeff Hoogendoorn of Professional Ag Marketing has more.

Brazil’s beef exports to China will be halted starting Thursday after a case of mad cow disease was confirmed in the northern state of Para, the country’s agriculture and livestock ministry said on Wednesday.