Page 24 - Crop Progress News Today

Inflation is declining, which in turn is helping to lower the value of the dollar, which in turn lowers the cost of U.S. goods in the export market, explains Randy Martinson of Martinson Ag Risk Management.

The USDA raised its 2024 projected fed steer price by $3/cwt in its latest World Supply and Demand Estimates (WASDE) report.

December corn ended the day up 27¢ at $5.33 a bushel, the highest close in nearly three weeks. November soybeans closed up 17¢ at $13.95, the highest close in…

You’ll recall May milk production was up 0.6% from 2022.

Corn rated good/excellent is up 2%, USDA says.

The House is approaching another partisan face-off, this time over funding the government for the next fiscal year, after Republicans narrowly won passage of a defense authorization bill last week.

Once the numbers from the July report were released, the grains only saw activity in one direction, down, according to Randy Martinson.

Iowa Crop Progress And Condition Report

The Senate is expected to approve a new deputy secretary for USDA this week as lawmakers return from their July 4 break facing a backlog of fiscal 2024 spending bills heading into the August recess.

Despite recent rain from two weather systems, most of Illinois continues to experience drought-like conditions.