Agriculture News
Corn and wheat futures are higher and soybeans are mixed. Cattle and hog futures are higher to start the week.
Annual June survey finds Indiana farmland values exceed old highs set in 2014.
On an earnings call today, Archer Daniels Midland CEO Juan Luciano said the world lost 15 MMT of crop production due to bad weather over the past two to three weeks.
Find highlights from USDA’s latest Crop Progress and Condition Report.
Drought continues to hammer the U.S. spring wheat crop, while corn and soybean ratings slipped.
Jim Wiesemeyer and guest host Davis Michaelsen discuss the week ahead in Washington...
Corn inspections were also decent and above 1 MMT. Soybean inspections were near the upper end of expectations, though the overall tally was still pretty light.
Corn soybean and wheat futures open the week under pressure on Friday’s poor closes and overnight pressure. Cattle futures are firmer on USDA’s Cattle Inventory Report, out Friday. Hog futures are mildly softer.
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Most farmers don’t need an incentive to do the right thing, says guest blogger Gabriel Carballal.
Frozen beef stocks dropped 4.3% during June whereas they typically hold near steady for the period.