Page 32 - Crop Progress News Today

April and May are traditionally the time when uncertainty is at its greatest as harvest pressure is wrapping up in South America while planting is just getting under way in the U.S.

Here are the biggest calls on Wall Street on Thursday.

Butter is in demand.

Iowa Crop Progress And Condition Report

Corn and soybean planting progress is weighing on prices today, experts say.

By Kirk Maltais --Corn for July delivery fell 2%, to $5.84 3/4 a bushel, on the Chicago Board of Trade on Tuesday, in response to new confirmation from the USDA that China has canceled more U.S. export purchases - with corn from elsewhere cheaper ... | 03:13pm

House Speaker Kevin McCarthy meets with President Joe Biden this week as Republicans push for a deal pairing spending cuts with a debt ceiling increase, while the Congressional Budget Office will release new economic projections that could make it easier – or harder – for lawmakers to write a new farm bill. 

Randy Martinson writes "The biggest surprise is the lack of planting concern premium in the market, especially with the delayed planting progress that the northern Plains and western Corn Belt are experiencing."

Farmers across the U.S. are currently experiencing drastically different growing conditions as the 2023 planting season takes shape.

Farm milk tanks are not exactly bulging