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Chip Flory and Jim Wiesemeyer discuss Ukraine, fuel prices, the Emergency Livestock Program, recent USDA reports, the recent increase in bird flu and more...
Soybeans, wheat and hogs all posted poor technical performances this week.
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White House asks Cabinet for ideas | Pelosi led meetings on gas prices this week
USDA finally releases disaster aid details for livestock producers | Jobs report | Trade policy
Russia/Ukraine talks to continue today, soybean crush is expected to fall and HPAI cases approach 100...
Wheat futures traded sharply higher overnight, while soybeans were slightly lower and corn was mixed. Similar trade is expected on the open this morning. Cattle and hogs are called weaker amid followthrough selling.
Wheat futures are trading sharply higher this morning, while soybeans and the soy product markets are lower on followthorugh selling. Corn is caught in the middle.
USDA unexpectedly estimates farmers intend to plant more acres to soybeans than corn in 2022. March 1 stocks were slightly lower than expected, while soybean stocks came in higher than anticipated.
Soybeans and cotton above expectations