U.S. Department of Agriculture

Brad Kooima, Kooima Kooima Varilek, says the market is staying intact and absorbing a great deal of bearish news including last week’s lower fed cash trade and lower cutouts.

USDA’s Quarterly Stocks report on Tuesday provided a bearish surprise for the corn market.

Bryan Doherty, Total Farm Marketing, says soybeans extended gains off of Wednesday’s reversal on technical buying and short covering but with hopes of a China deal. The trade aid announced will also keep farmer selling at a minimum.

The government is shut down for a second day and so are no reports from USDA, including weekly export sales or flash sales. So what are the grain markets trading?

The House and Senate Ag Committees are planning to work on language yet this fall on a Farm bill 2.0., but at least one Washington ag lobbyist says he expects it will be difficult to get passed.

Sec. Rollins pointed to inflation, high yields and the stalled talks with China as reasons for a year of projected losses for farmers.

Market analysts says the September WASDE did not fully account for the disease pressure and dry finish in the East in both the corn and soybean crop.

The onset of drought and disease are causing growing concerns about the size of the U.S. corn and soybean crops this year. Analysts caution while the crops may be going backward in terms of yield, it’s possible USDA actually raises its yield estimates in the September report.

Over the past decade, the number of mixed animal and food animal veterinarians has decreased by 15%. USDA’s plan encompasses five actions to support veterinarians and protect livestock across rural communities.

The move is the latest by the Trump administration to stall development of wind and solar energy, which Trump says are unreliable, expensive and dependent on Chinese supply chains.