Corn hit a near 8-year high of $6.84 a bushel earlier in the week, ending April up 15%, the biggest monthly gain since May 2019. Soybeans are up nearly 5% for the month, their 11th straight monthly gain.
Only 17% of farmers say automating functions to make equipment easier to operate is the most important reason to adopt precision ag technology. Do you agree? Share what you think in our technology use survey.
A boon in commodity prices is creating higher demand for everything from tractors to seed tenders. However, the long tail of the COVID-19 pandemic is creating a strain on the supply chain, and now demand for many items has outpaced supply.
Russia plans to reduce its export tax on soybeans to 20% with a minimum level of $100 per metric ton. Davis Michaelson covers this and more in today’s update.
