One Week After JBS Cyberattack, U.S. Feds Recover Ransom Paid By Colonial Pipeline Via Blockchain

According to news first reported by CNN, U.S. investigators successfully seized $2.3 million of the cryptocurrency that Colonial Pipeline paid hackers last month to end a ransomware attack on its systems.

Ferrie: Stop Yield Loss from the Carbon Penalty and Ugly Corn Syndrome

Trucks and cars aren’t the only things that stall out at times. Corn and soybeans can, too. This past week, a number of farmers told Ken Ferrie their crops are emerged but growth is slow going. He says two things are contributing to the problem this season in corn – the carbon penalty and ugly corn syndrome.

Corn Crop Condition Ratings Fall 4 Points, North Dakota in Worst Shape

As corn planting is complete in many areas, the focus is shifting to crop conditions. USDA's latest weekly report shows the corn crop could be deteriorating — 72% of the corn crop is rated good to excellent, which is a 4 percentage point drop from last week. This week's rating is also 3 points behind last year.

$4 or $8 Corn? $10 or $20 Beans? It All Depends On Weather And Export Demand

Dry weather concerns in the Dakotas and possible ridging in the western Corn Belt has pushed risk premium into the markets. December corn closed at $5.91, up 91¢ in six trading days. That leaves the market 50¢ below the highs from a month ago. November beans also rebounded $1.10 in the last six days and are only 30¢ from its high a month ago.

Some Positive Changes in the Drought Monitor

There's some positive changes in the Drought Monitor, but will there be more rain this week to help out the situation further? Mike Hoffman shares the complete forecast.

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