Wednesday, November 13, 2019 2:54PM CST
A report on the Market Facilitation Program released Tuesday by Senate Democrats challenges USDA's trade aid, arguing the highest payments went to Southern farmers who grow cotton while USDA also ignored typical protocols such as limits on payment caps.
Wednesday, November 13, 2019 2:50PM CST
Three contest entries broke the 200-bushel barrier this year; the National Wheat Yield Contest also continues to recognize growers who far exceed county averages.
December corn is up 1 1/2 cents per bushel, January soybeans are down 1/4 cent, and December KC wheat is up 4 cents.
Market cautiousness is seen early Thursday morning following abrupt triple-digit losses seen midweek. The swift shift lower can't be seen as a surprise following the potential for a correction over the last several weeks, but it doesn't make the market pressure any easier.