Pro Farmer
Prices will remain high for the foreseeable future...
USDA’s latest outlook, released yesterday, projects the U.S. ag trade deficit at $47 billion in FY25, narrowing slightly from earlier estimates, and falling to $41.5 billion in FY26.
Corn led strength overnight while soybeans continue to consolidate following the recent leg higher.
Meal is the market to watch in soy complex futures
“I looked over and saw that dust boiling up out of the chopper...”