Agriculture News
Farmers National Company reports farmland values surged in the last half of 2020.
Wheat futures erased most or all of Tuesday’s gains overnight, while corn and soybeans mildly favored the downside.
Too much heat and dryness across southern Brazil and northeastern Argentina, along with too much rain in some areas of central and northeastern Brazil continues to curb South American crop production prospects.
Individual state crop conditions ratings released on Monday showed major deterioration of the HRW wheat crop during December.
Soybean futures built on Monday’s gains overnight, while corn and wheat mildly rebounded from yesterday’s losses.
Corn, wheat and soybean exports down from previous week
Government offices in Washington shuttered; NASS reports still expected to be released.
The first trading session of the new year started with a bang as soy futures led overnight gains in the grain and soy complex.
Corn, soybeans and wheat traded both side of unchanged in light price action to kick off the last trading day of the year.
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