Agriculture News
Scouts measured average corn yield potential of 182.6 bu. per acre for Nebraska. Pod counts in a 3’x3’ square averaged 1,226.
Scouts measured average corn yield potential of 190.39 bu. per acre. Pod counts in a 3’x3’ square averaged 1100.75.
Scouts measured average corn yield potential of 190.71 bu. per acre for Illinois. Pod counts in a 3’x3’ square averaged 1249.70.
Full results for Iowa will be released tomorrow.
Corn and soybean futures pulled back from gains earlier this week, while wheat futures extended this week’s declines.
NH3 posts an ominous price move as other N products stand pat...
Soybeans and wheat are pulling support from outside markets, while corn is mildly favoring the downside.
Weekly export inspections for week ended Sept. 29 reported wheat inspections notably above expectations, while corn and beans were as expected. Soybean inspections are currently running 3.2% behind a year ago.
Short-term trend turns bearish for soybeans, rice, live cattle and lean hog futures.
Corn and wheat futures traded solidly higher overnight, while soybeans favored the upside in two-sided trade.
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