Soybeans Stage Corrective Rally, While Livestock Markets End Lower

Soybean prices and soybean meal rallied this week on corrective buying and dry Argentina weather. Corn tried to follow but only closed slightly higher. Shawn Hackett of Hackett Financial Advisors provides his take.

Reasons For Corn To Rally Or Drop Moving Into 2023

Moving forward, South America’s weather, China opening up and global demand could impact corn prices. Plus, one of the biggest USDA reports of the year on Jan. 12 will provide final yield and stocks numbers and give the market direction. As always, Jon Scheve shares insights only found on AgWeb.

Who's Really Behind All These Record Farmland Sales?

Farmers National Company released its 2023 land values report this week, showing land sold at auction set records in several states with values across the Corn Belt seeing a year-to-year increase between 20% and 34%.

Increasing COVID-19 Cases in China Creates Demand Fear for Markets: But Positive Longer Term

For the ag markets, the China news is bearish in the short term. But it’s also throwing caution on U.S. ag markets, such as cotton, grains and hogs.