Corn
Iowa corn quality leads the nation currently, with 83% of the state’s crop rated good to excellent. North Dakota is on the struggle bus for both corn and soybeans.
Each state has a unique set of provisions in the individual state statutes, so it’s important to know what your state’s may or may not provide.
Bryan Doherty, Total Farm Marketing, says grains failed to extend gains on Friday hitting chart resistance, but there was another big factor.
The ‘cure’ for low prices is more yield. David Hula and Randy Dowdy have some practical recommendations to help you take more corn to the bin this fall.
Randy Martinson, Martinson Ag, says grains are seeing a quiet session on Friday with thin post-holiday trade. However, at least wheat is failing to extend the big gains seen on Wednesday.
The move would increase biomass-based diesel requirements, from 3.35 billion gallons in 2025 to 5.61 billion gallons in 2026, supporting American row-crop growers in the process.
Rich Nelson with Allendale says wheat led the charge higher in the grains inserting war and weather premium but also seeing some short covering. Cattle and hogs recovered from Tuesday’s collapse.
Scott Varilek with Kooima Kooima Varilek says cattle futures are trying to recover after tanking Tuesday due to geopolitical and war concerns and the lower day in the stock market.
Mitch Hora, CEO of Continuum Ag says at first glance the Senate language on 45Z looks more favorable than the House.
Mike Minor of Professional Ag Marketing says grains saw technical buying on Tuesday while livestock fell with the financial markets on the conflict between Iran and Israel and a flip flop on ICE raids in packing plants.