Friday, September 13, 2019 9:24AM CDT
The Sept. 12 USDA World Agricultural Supply and Demand Estimates (WASDE) report for September held little fanfare for traders who had already expected lower yield and production numbers.
Friday, September 13, 2019 9:22AM CDT
Farm groups on Thursday praised the EPA and the Army Corps of Engineers for announcing they would eliminate the 2015 Clean Water Act rule drafted by the Obama administration that had greatly expanded EPA and the Army Corps of Engineers regulatory oversight of streams, lakes, ponds and wetlands.
December corn is up 1 1/4 cents per bushel, November soybeans are down 2 3/4 cents, and December K.C. wheat is up 1 cents.
Cattle futures posted gains last week, but there is no indication that the trend has changed. Futures have yet to reach above technical resistance, which could being in further speculative buying. Lean hogs may be a different story. Expanded limit-up moves in December and February contracts should open Monday with follow-through strength.