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Soybeans, wheat see dollar pressure

Soybeans were modestly lower on fund and technical selling, along with the higher trade in the dollar during the session. Beans continue to monitor harvest activity and yield numbers in Argentina and Brazil. The USDA’s updated supply, demand, and production report and CONAB’s new... Read More.

Ag land values see downward pressure

Farmland prices have been softening in the Midwest, and an ag economist says it shouldn’t come as a surprise. Ernie Goss is with Creighton University says the latest Rural Mainstreet Index shows U.S. farmland prices fell for the ninth time in the last 10... Read More.

Wheat sees profit taking, dollar pressure

Soybeans were lower on profit taking and technical selling. There’s more rain in the forecast for parts of Argentina, but it does look like weather earlier in the season has trimmed yield potential. Harvest conditions look good in Brazil with activity about 25% complete.... Read More.

Cattle futures drop on direct cash pressure

Chicago Mercantile Exchange live and feeder cattle were sharply lower, pressured by this week’s direct business and some signs the strength in wholesale beef might be waning for now. April live was down $4.52 at $196.77 and June was $4.07 lower at $191.82. March... Read More.