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Farm of the Future
Potatoes USA announces nominations are now open for new Board Members for the 2017 to 2020 term.
Happy to report that farmers are smiling at the Spokane Ag Expo with a big rally in the grain markets.
Grains and cattle all ended lower across the board.
Corn closed lower on favorable crop conditions in South America while wheat had losses on weak export demand with plentiful world supplies.
Chicago and Kansas City Wheat exchanges were down slightly and Minneapolis was slightly higher.
Grains remained under selling pressure again on Wednesday.
Grains all traded lower to start the New Year as the the dollar continued its broad rally on Friday
Happy New Year. The last trading day of the year ended lower for the grains and mixed in the cattle markets.
Monday had very strong wheat and feeder cattle future prices.
Corn and wheat closed lower on Monday with corn harvest expected to slow down but with no expected problems.
USDA reports were released on Monday and found U.S. wheat stocks decrease by 10 million bushels but the world ending stocks were a bit higher.
Thursday was a mixed day for the grain markets — wheat was lower and both corn and beans higher.
Both corn and soybeans ended the day higher on Monday and wheat seem to go along for the ride.
Early market concerns came from mid-west frost reports.
Wheat down again after the bearish USDA report were released.
Wheat contracts for Chicago ended mixed on Thursday however in Kansas City and Minneapolis contracts all ended higher.
Thursday's commodities markets were relatively quiet ahead of the holiday as many traders may have started their long weekend early.