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Market Rally Commentary | August 1, 2014

Pro Farmer Editorial Director and Market Rally Radio Host Chip Flory discusses what he learned during the day's broadcast and offers some perspective.

USDA: U.S. Farmland Values Rises 8.1% Versus Year Earlier

The value of U.S. farmland rose 8.1% as of January 2014, according to USDA's Land Values Summary released Friday afternoon.

Canadian Perspectives: CWB Tour Provides Crop Insights

Pro Farmer Canada Editor Mike Jubinville provides an update on Prairie crops after the CWB tour.

The Paul Bunyan of Corn Crops

This year's corn crop is quickly rising to folklore status. While a record national average corn yield is very much achievable, it's unlikely this year's crop will live up to extremely lofty (and rapidly rising) expectations.

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Market Reports

Cash Sales Monitor

40% of 2014-crop corn is sold

2014-Crop Corn Sales

Cash-only marketers are 40% sold and hedgers are 50% sold in the cash market.

70% of 2014-crop wheat is sold

2014-Crop Wheat Sales

Cash-only marketers are 70% sold and hedgers are 85% sold in the cash market.

50% of 2014-crop soybeans are sold

2014-Crop Soybean Sales

Cash-only marketers and hedgers are 50% sold in the cash market.

50% of 2014-crop cotton is sold

2014-Crop Cotton Sales

Cash-only marketers and hedgers are 50% sold in the cash market.