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A year after StoneX’s survey shocked the market, two StoneX economists sit down for an exclusive interview, saying this year’s numbers tell a very different story about what will drive prices.
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Allison Thompson with The Money Farm says grains are drifting quietly lower with no fresh new news and awaiting the WASDE.
Kevin Duling with K.D. Investors says corn and soybeans are keying off of private estimates which are raising yields, especially for corn.
Randy Martinson with Martinson Ag says there is more rain in the forecast for most of the Corn Belt in the extended. Plus, private yield estimates are weighing on corn and soybeans.
As the U.S. dairy industry races toward fewer than 20,000 farms by decade’s end, the economics of overhead, the psychology of scale and the power dynamics of vertical integration are rewriting the rules of who survives — and who thrives.
Agriculture Committee Chairman John Boozman says if the bill is not passed out of committee on Thursday, it would be “very, very difficult” to get a Farm Bill passed this year. The chairman says the SNAP state cost share delays will be a hang-up for some Democrats.
Chuck Shelby of Zaner Ag Hedge says the grain markets tried to extend gains in the overnight session and hit chart resistance causing consolidation.
As input costs remain elevated, fall lease deadlines are putting renewed focus on cash rents and farmland values.
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