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RMI Negative for Seventh Time this Year.
A survey released yesterday sounds the alarm on widespread financial strain facing corn farmers.
Corn and soybean acres in drought increased again this week
Corn, soybeans and wheat carried a mixed tone in overnight trade, though none of which strayed far from unchanged.
USDA reported weekly corn sales totaled 1.23 MMT, while soybean sales stood at 923,000 MT.
Hogs and cattle both down slightly in cash markets
Still-unsettled weather in Midwest in coming days
Yesterday, the House Agriculture Committee held a hearing focused on the unique challenges facing specialty crop producers and discussed tailored policy solutions.
As farmers think about 2026 cropping plans, step one is to book fall fertilizer. However, those plans are leading to challenging discussions about profitability and what can be applied as a bare minimum.
Corn, soybeans and wheat each traded in a tight range overnight, pausing from recent gains.
Trump wants China to buy more U.S. soybeans: report
Wheat exports are performing stronger than in recent years
House Ag Chair G.T. Thompson is pushing farm labor reforms as Pennsylvania producers face worker shortages and red tape in the H-2A visa program.
Corn, soybeans and wheat each traded higher overnight.
Stormy weather in the Midwest
Dry and hot weather in major growing areas were the drivers for deteriorating condition
The crop is drying down rapidly, given the weather conditions across much of the country. Agronomists are concerned farmers will combine fields too late and advise starting at 13% moisture or even higher.
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