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Weather forecast keeping pressure on corn and soybean marketplace

Weather forecast keeping pressure on corn and soybean marketplace

While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and growth, that favorable forecast is keeping pressure on corn and soybeans in the market as yield expectations are beginning to climb. That is Jim McCormick, co-founder of AgMarket.net, who says that the recently released StoneX August...

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European weather supports wheat prices

European weather supports wheat prices

The wheat market started the week after the Fourth of July holiday with a strong rally as traders responded to weather concerns in Europe. Although prices have since given back some of those gains, uncertainty surrounding overseas production continues to lend support...

U.S. Export Sales Report (7-9-26)

U.S. Export Sales Report (7-9-26)

This week’s export sales were mostly within the range of estimates. Both corn and soybeans continue to see a lot of good news in the weekly reports. Allendale commodity broker Greg McBride said the corn numbers were slightly low, but that doesn’t change the positive...

Hot and dry weather expected in the Corn Belt

Hot and dry weather expected in the Corn Belt

A heat dome is moving northward from Southern California to the Dakotas and the Corn Belt, bringing temperatures more than 10 degrees above average for several days. AccuWeather Senior Meteorologist Chad Merrill describes the weather across the Corn Belt as hot and...

Adjuvants are vital to drone spraying effectiveness

Adjuvants are vital to drone spraying effectiveness

When spraying with a traditional ground rig, adjuvants can help to improve the efficacy of the application by improving droplet spread, increasing the amount of product that contacts the target, and reducing drift. Those same benefits can also be found when adding...

Weather forecast keeping pressure on corn and soybean marketplace

Study: U.S. producers pay more for inputs than Brazil producers

The National Corn Growers Association says a new study confirms what many farmers have suspected for years: U.S. producers are paying far more for crop inputs than their biggest global competitor, Brazil. The report found American corn farmers paid an average of 68...

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Farmers remain cautious about AI technology

Farmers remain cautious about AI technology

Artificial intelligence is becoming a larger part of agriculture, but many farmers remain cautious about adopting the technology, according to the latest Purdue University CME Group Ag Economy Barometer. The monthly survey asked producers about artificial intelligence...

Cattle marketplace continues to grind lower

Cattle marketplace continues to grind lower

While the grain side of the ag marketplace has seen some price relief in recent days following the most recent USDA reports, soybean purchases by China, and weather premium being priced into the market due to heat concerns, the cattle side of the ag marketplace is a...