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The Agribusiness Update
University of Georgia Extension partners to educate on COVID vaccine safety, and corn imports to China soar incredibly high.
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Corn continues to climb higher, starting the week with an 8-cent rally with the help of a weaker dollar
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Cattle rebound with helpful demand from packers driving prices higher
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Grains saw a mixed market with wheat on the rise and corn and soybeans slipping lower.
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The cattle market takes another hit, as nationwide blizzards, and power outages slow packing plant deliveries.
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Grains jump higher to start the week, here’s Scott Shellady with the CME Group to share more on the Soybean market.
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Markets were closed yesterday due to Presidents Day, so let’s take a look at Friday’s recap with Virginia McGathey of the CME Group.
McGathey “ .”
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Live Cattle strike while the irons hot, making their way higher to close the week over $1.25
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Corn continues its roller coaster ride, with prices swinging 50 cents in just 50 hours to finish the day up 1% higher.
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More liquidation in the grain markets as prices sink lower after Tuesdays USDA report
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Soybeans rock the boat again, with more range in the last 18 trading days than over the course of an average year.
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Corn does it again, prices surge, and investors set their sights on the $6 mark.
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Live cattle rallied early in the morning on Friday to settle just above the previous day, while feeders dipped into the red.
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Yesterdays USDA report brought a mixed trade to the grain market, corn and wheat’s rally quickly ran out of steam while Soybeans managed to hold their own.
Farm of the Future
3Bar Biologics has a new way to make sure they can maximize effectiveness with their live microbial technology.
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Corn leads the rally in the grain market, traders focusing on contract highs and lows as an indicator to which direction the market will go from here.
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Corn saw a small pull back yesterday, but long-term investors stay hooked as demand remains strong.
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China continues to drive grain prices, while corn steps into the driver’s seat leading the grain market.
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The rally in the grain market softened cattle prices as they lost most last week’s profits
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With new money entering the market, grains make a run for it yesterday, as wheat and corn prices surge.