Farmers National notes strong gains in farmland values since Jan. 1.
Temperatures dipped below freezing over Memorial Day weekend in the Upper Midwest and Northern Plains, raising questions about slowed development and the possibility some replanting will be needed.
Yellen holds virtual chat with China’s Liu; Phase 2 talks ahead?
Old-crop corn sales topped expectations, while new-crop sales were right in line with what the market expected. Exports of the grain held above 2 MMT.
Memorial Day coincided with the reporting period, which may have limited business to some degree.
Conditions were mixed for the Midwest the week ending Aug. 3, with heavy precipitation again favoring southern and eastern areas of the Midwest, with little to no rain in the Upper Midwest.
More U.S. inflation | Aggressive China | Frost/Freeze in Upper Midwest