Together, the two industry giants expect to accomplish what individually no company has done: introduce a four-way herbicide-tolerant trait stack in elite soybean germplasm.

Row crops saw fund selling in a risk-off session, while wheat was higher on short covering. Cattle and hogs were mostly lower on fund liquidation and lower cash. Michelle Rook talks with Rich Nelson of Allendale.

Tentative deals have been reached with three of the 12 rail unions and large U.S. freight railroads. "Our hope is that moving forward this will provide real momentum for some of the other remaining unions to come to an agreement as well," says Mike Steenhoek, executive director of the Soy Transportation Coalition. "You know ultimately what we want to make sure is that rail service is improving, not taking a step back."

Fuel prices are rising again for farmers ahead of harvest. Details in today's AgDay Minute.