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Ben Rand of Blue Line Futures says an unprecedented Western drought is shrinking crops, drying up wells, tightening hay supplies and accelerating cattle herd liquidation across the region
Corn, soybeans and wheat each favored the downside in overnight trade with wheat leading weakness.
U.S. to ease tariffs on ag machinery imports
USDA ‘good’ to ‘excellent’ readings come in slightly below expectations
As a ‘disconnect’ grows between macro-economic data and farm-level decisions, lenders urge transparency and proactive planning to bridge the gap in the current downturn.
