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Southeast Regional Ag News
"Celebrate with us and share your FFA story during #FFAWeek," says National FFA Southern Region Vice President Erik Robinson. Robinson is a criminal justice major at the University of Georgia.
Marketline Report for Thursday, September 26th.
It was a volatile day in the grain markets on Wednesday.
The dollar rallied strong on Tuesday, which brought the grain markets down across the board.
Monday was a relatively quiet day in the grain markets and an up day for cattle.
Positive day across the board in the grain and cattle markets.
The Christmas week began relatively quiet with little movement in the corn and wheat markets.
USDA released its monthly reports on Wednesday and there wasn't a lot of fireworks. U.S. wheat ending stocks grew by 10 million bushels through increase to Hard Red Wheat and Durum and no change to Soft Red Wheat and cutting Dark Northern Spring and Soft White White.
Chicago and Kansas City wheat markets ended higher and both live and feeder cattle ended day limit down.
It was another down day in the wheat markets on Wednesday.
It was not a pretty day in the grain markets however, cattle contracts were sharply higher.
For the first market day of September, wheat markets were mostly down across the board on Tuesday.
Monday's USDA release of its Stocks and Acreage Reports was bearish and the grains markets all finished the day lower.
Better than expected weather from over the long weekend played a part in the down grain markets Tuesday.
On Thursday all grains suffered double-digit losses with warmer weather for corn planting returning to the forecast.
Wheat market gains on weather and Ukraine issues.
It was a positive day for both wheat and corn, but down day for cattle prices.
The Chicago wheat market bounced up a little higher Friday following a sharp sell off Thursday.