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Fed raises interest .75, corn and wheat move lower and soybeans are up with help from technical buying and China demand hopes. AgDay’s Michelle Rook chats with Ted Seifried of Zaner Ag Hedge.
Corn & wheat lower with Russia extending participation in export deal, soybeans held up by soybean oil. Live cattle consolidate ahead of the Fed decision,. Michelle Rook w/Chip Nellinger Blue Reef Agri-Marketing.
Grains open sharply lower on news Russia is resuming the export deal. Cattle higher w/lower corn but awaiting Fed decision and cash direction. Hogs set back. @michellerookag w/ @scottevarilek
Winter wheat condition ratings this week were at a record low for this time of year according to USDA’s first rating of the season.
In a moisture deficit area like southwest Nebraska conservation and regenerative practices have long been a staple for farmers. That’s important especially in drought years like 2022.
The grain markets will continue to trade headlines, and longer term, the key will be how much export business the U.S. picks up.
Grains were higher with cotton limit up on news China may relax its COVID policy. Cattle consolidate ahead of the Fed decision. Michelle Rook talks to John Payne of Hedge Point Global Markets.
Cattle consolidate ahead of the Fed announcement, with hogs up. Soybeans rallying on China and Brazil news and corn is trying to follow. Michelle Rook gets an update with Brad Kooima of Kooima Kooima Varilek.
Grains gap higher on the open led by wheat and news over the weekend Russia is suspending the export deal. Livestock set back with higher feed prices. @michellerookag talks with @kdinvestors
Mexico has confirmed that the country does not plan to amend its ban on imports of GMO that is set to start in 2024.