The Acreage report lit up the grain markets last week, with USDA calling for lower corn and soybean total acres in 2021. Unfortunately, those market fireworks have fizzled.
Did Rains and Wetter Weather Forecast Kill the 2021 Bull Market for Corn?
Not even a week after USDA released its June Acreage Report that shocked the market with fewer acres, prices reversed. After the holiday weekend, weather forecasts turned wetter and corn prices closed limit down Tuesday.
40% of respondents seeking an agriculture job in our Ag Labor Survey say it’s easier to find a job right now, while 85% of employers say it’s harder to fill a job than in previous years. How does this stack up to your experience? Take the survey to share your opinion.
Pork export value exceeded $800 million for the first time in May, while beef exports recorded the third consecutive month of value record highs, driven in part by record-large exports to South Korea.
