))
From Hulk Hogan to Harvest: Markets, Weather, and USDA Reorganization
Manage episode 496501036 series 3004060
Ag markets face challenges as the USDA erroneously announced Chinese grain purchases before retracting the statement, creating unnecessary market volatility while farmers cope with tight margins and high interest rates.
• Breaking news on the passing of Hulk Hogan at age 71
• USDA's credibility questioned after false China grain purchase announcement
• Good growing conditions across the Northern Plains with regular rainfall
• Spring wheat tour shows good quality but not record yields
• Spring wheat futures contract issues causing trading confusion
• Cattle markets hitting new all-time highs with excellent pasture conditions
• USDA reorganization moving thousands of employees from DC to regional hubs
• Closing the South USDA Building and Beltsville Research Facility
• Northern Plains facing severe harvest basis with corn potentially -80 cents
• Interest rates remaining high, affecting grain storage economics and equipment sales
Call our hotline at 1-855-737-FARM to share your thoughts or questions. Sign up for the FarmNet News newsletter at rrfn.com or email [email protected].
Send us a text
Please like and subscribe @agbullmedia
Watch Us on U-Tube AG Bull Podcast
(105) AG Bull Podcast - YouTube
www.agbull.com
AG BULL Media
E-Mail [email protected]
Thank you, Tommy G
Chapters
1. Weekly roundup and entertainment news (00:00:00)
2. USDA credibility issue with China report (00:01:37)
3. Midwest weather and crop conditions (00:03:10)
4. Wheat market challenges and contracts (00:04:55)
5. Cattle market success and tech changes (00:07:08)
6. USDA reorganization and facility closures (00:08:22)
7. Interest rates and grain storage economics (00:12:14)
8. Northern Plains grain basis concerns (00:13:40)
47 episodes
Share
