Wheat
AgWeb.com will have full coverage of USDA’s March 9 reports, following the 11 a.m. Central Time releases.
Weekly Export Inspections Report highlights.
Black Sea crops are enjoying near-perfect conditions and Europe is holding its breath for a decision from Russia regarding its export taxes. Odds increasingly favor their removal.
Corn, beans and wheat all fell, as did lean hogs and feeder cattle, while live cattle eked out some gains.
Japan Cuts Feed-Wheat Purchasing Plan as Demand Shifts to Corn
Spring planting will not be business as usual in Ukraine. The loss of acreage there may well open the door to more U.S. exports. This is a first-hand account from a Ukrainian ag journalist.
The bank cut its estimate for corn to $3.90 a bushel in 2014-2015 from $4.35 in October and for soybeans to $9 a bushel from $10.10.
In March, Wayne County firefighters rescued a man trapped in a grain bin on a farm south of Centerville, thanks in part to Purdue Extension training.
Commodities experts say Russia didn’t buy much wheat, corn, or soybeans anyway.
Soybean futures rose the most in nine weeks on concern that dry weather forecast into August will curtail yields in the U.S., the world’s biggest grower. Corn rose, while wheat fell.