Pro Farmer
Ag scored some big wins, including higher reference prices, positive changes in crop insurance, a big boost in trade market development funding and a bevy of ag-friendly tax provisions.
Speculation continues to swirl Trump’s Thursday night visit to Des Moines could result in news of purchase agreements for corn and beans with China or a delay in the July 9 deadline for increasing tariffs.
Access this week’s newsletter here.
Cattle futures shore up discounts to the cash market.
Corn and soybeans saw followthrough gains overnight, challenging the recent downtrends.
Corn, soybeans and the winter wheat markets extended Wednesday’s strong gains during overnight trade.
Corn and bean basis remains much weaker than average.