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Farm Journal’s June Ag Economists’ Monthly Monitor shows a weaker ag economy versus a year ago, but more than 80% expect consistent or better conditions over the next 12 months despite ongoing margin pressure.
U.S. areas suffering from dryness or drought are down 10.6% over the last month
Soybeans take a turn leading the way higher.
Corn, soybeans and wheat each saw an impressive push higher this morning, pushing prices into the upper end of yesterday’s range
Grain prices firmer overnight; Thursday’s price action extra important
The June Farm Journal Ag Economists’ Monthly Monitor reveals a majority of ag economists support reopening the Mexican border and rank weather and input costs as more immediate threats to the U.S. cattle herd.
Acres saw a minor uptick while analysts expected a modest cut
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