Corn
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
The Feikemas use cattle and hog waste to fuel 7,000 crop acres, eliminate insecticides and even guide land purchase decisions.
Dan Basse, president of Ag Resource Company, believes China bought a half million tons of U.S. soybeans last week.
Mike Minor of Professional Ag Marketing says funds continue to sell in corn Tuesday as the trade mentality is “rain makes grain”.
Live and feeder cattle futures made new highs for the move early Monday but ended well off highs. So can the markets retest the highs?
As the crop enters rapid growth stages, Agronomist Missy Bauer tells farmers to confirm nitrogen and sulfur availability or risk leaving bushels in the field.
Despite higher weekly closes last week corn futures were lower Monday morning testing support.
A three-year break-even is typical, but certain field conditions, farm practices and cost-share programs can move your ROI into the black sooner.