As drought deteriorates across the U.S., it's a positive signal for growing a big crop in 2024. And analysts say if weather continues to fuel this year's crop, December corn futures could fall into the $3 range by fall.
Trade talk is a big issue for everyone here at the convention and the focus isn’t just on China. For another year, the priority remains the same, the cattle industry vocal they want a free trade deal with Japan.
AgDay national reporter Betsy Jibben talked with buyers and sellers at a feeder cattle auction in Northern Indiana. She traveled to Shipshewana, Indiana.
Strong prices are being reflected in strong cattle demand, and to Chip Nellinger of Blue Reef Agri-Marketing, the feedlots have the upper hand, while the packers are short bought.
Beans were down for the week, off new highs but closing lower than a week ago which gave us some technical signals. That’s important says Jerry Gulke, president of the Gulke Group, here's why.
While corn, soybeans and wheat have seen some slight rallies in the last few years, prices have stayed relatively low. Record- or near record-breaking crops year after year hasn’t been much help to the price picture.
Mike Florez of Florez Trading tells AgDay host Clinton Griffiths that Bollinger Bands are a useful volatility indicator and a good tool for helping determine market opportunities over a short period of time.
The latest Cattle on Feed report from the USDA was considered to be bearish by analysts. Now traders are looking at whether futures markets can find a way to hold on to current prices.
