There has been a lot of bearish news in the market recently. However, limited stored corn west of the Missouri River Valley could offset a lot of negative export and ethanol news. Plus, spring weather could still have a big impact on hard red wheat production, which could sway futures and basis prices for corn later this year.

Farm Action is asking the Federal Trade Commission to explore why the nation's largest egg company is seeing record-high profits while consumers pay record-high prices. Ag economists say the jump in egg prices is simply supply and demand.

Some legislative officials have discussed the possibility that the Treasury could use an obscure law authorizing platinum coins to circumvent Congress if lawmakers don't raise the debt ceiling.

It appears some people are going to great lengths to get a deal on eggs. Details in today's AgDay Minute.