Agriculture News
Boxed beef prices continue to fall and are nearing the summer low.
Initial tapering efforts will likely include cutting $10 billion a month in Treasury buys and $5 billion a month in mortgage-backed securities purchases.
On the other hand, its cotton production and carryover forecasts dropped more than analysts anticipated.
Corn and wheat inspections were in the lower half of analysts’ expectations and down from the week ending Sept. 30, with exporters focusing on soybean shipments as Louisiana ports reopen.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Grain and soybean futures favored the upside in the overnight but are slightly lower after the open. Cattle futures are under light pressure and lean hog futures are off to a moderately lower start.
Mexico’s National Farm Council and Bayer say the rejection violates the USMCA.
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Quarterly Fed Bank survey finds strong demand for rural land.