News
Grain, soybean futures higher overnight in corrective recovery; USDA harvest progress slower than expected.
No changes to short-, intermediate or long-term trends this week.
Outside markets and global economic concerns weighed on grain and soy markets overnight.
Friday brings key economic and ag sector reports
Corn, soybean futures plunge to two-week lows on surging dollar, escalating recession concerns; wheat also down sharply.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
Both placements and marketings were near the top end of pre-report estimates.
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All food prices up most since 1979
USDA’s AMS wants to mandate cattle contract reporting; NAMI claims AMS lacks legal authority
Prolonged drought plagues China, Russia opens polls in Ukraine and the British pound taps long-time low...