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Farmer sentiment was up 11 points (9%) from year in January, according to the Purdue University/CME Group Ag Economy Barometer.
The real Title I safety net for many farmers: Insurance programs
Corn and soybean futures are weaker this morning after two-sided trade earlier in the overnight session, while wheat futures are narrowly mixed.
China spy balloon raises security & political issues as U.S. shoots down balloon | SOTU address Tuesday | Senate Ag farm bill hearing Thursday
Operation underway to recover debris from downed balloon
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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Economists expect non-farm payrolls added to shrink, UN Food Price Index falls and Economic aide exits Biden Administration...
Grain and soy futures traded lower overnight, with late pressure from a surge in the U.S. dollar after the much stronger-than-expected January jobs data. We expect the weaker tone to continue early this morning.
Soybeans extended Thursday’s gains in overnight trade, while the corn and wheat markets faced pressure.