Tuesday, April 20, 2021

Can $6 Old Crop and $5 New Crop Corn Prices Last?

 
 
 
View in Browser
April 20, 2021
 
 
 
Learn more about RevenueStripe...
 
 
 
 
AEM Data Reveals Tractor Sales Shot Up 81% in March
 
The equipment market remains hot. Data from the Association of Equipment Manufacturers shows improved commodity prices and better financial outlooks are aiding equipment purchases.
 
 
 
ADVERTISEMENT
 
Learn more about RevenueStripe...
 
 
 
How Does Your Operation Use Technology?
 
50% of farmers think precise control of machine settings to improve yields and reduce input costs is the most important reason to adopt precision ag technology. Do you agree? Fill out our survey and share your voice.
 
 
 
 

President Biden is expected to present a non-binding but symbolic goal for reducing greenhouse gas emissions that will affect climate efforts in the U.S. and the world.

 
 
 
 
Learn more about RevenueStripe...
ADVERTISEMENT
 
 

Commodity prices jumped even higher to start the week, with May corn futures topping $6 again Tuesday. Farmers are reporting local elevators posting new crop corn bids over $5, as well. What's driving the momentum?

 
 
 
 
Learn more about RevenueStripe...
ADVERTISEMENT
 
 

USDA's weekly Crop Progress Report has started tallying soybean planting progress. In the first report of the year to include soybeans, USDA showed 3% of the soybean crop is planted, which is one point ahead of average.

 
 
 

China imported 7.18 MMT of soybeans from the U.S. during March, a 320% surge from shipments the year prior, according to Chinese customs data released today.

 
 
 
ADVERTISEMENT
 
Learn more about RevenueStripe...
 
 

Legal pot is becoming big business. Details in today's AgDay Minute.

 
 
 
Today's Markets
 
 
 
 
 
 
 
 
 
 
Connect With Us:
You are receiving this email because you are a subscriber or past subscriber to a Farm Journal Product.
 
 
 
Copyright 2021 Farm Journal, Inc 8725 Rosehill Road Lenexa, KS, 66215

No comments:

Post a Comment