AgResource Farm Marketing Advice
AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. The value of US soy products less the cost of soybeans is resting at a record high. This will cause strong demand from US/world crushers for the newly harvested US soybean crop. Its margin that will drive US crush rates upwards following the expanding Midwest…
AgResource US Weather Pattern Discussion
Heavy Rain Slows Harvest in IN/OH; Climate Forecast then Arid into mid-October: The Central US forecast has again trended wetter in the far Eastern Midwest. 48-hour accumulation is pegged in a range of 4-5” in eastern IN and western OH. Potential for storm damage will be monitored, but otherwise lasting delays to harvest and fieldwork…