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Todd's Take

16 Aug 2017
By Todd HultmanDTN Analyst After USDA's Prospective Plantings report at the end of March, it seemed clear that most of the reduced acres in corn and wheat were switching to soybeans in 2017. Even today, USDA stands by its estimate of 89.5 million planted soybean acres in 2017, a new record high for the world's favorite oilseed and possibly headed t...

New Faces of Ag - 6

15 Aug 2017
By Pam SmithDTN Progressive Farmer Crops Technology Editor Jill Lambert cradles the phone between shoulder and ear while a John Deere tech rep talks her through a repair that has stalled planter operations. Uncle Gary has already tried his hand at the fix, but she's determined. Daylight is burning, soil conditions are perfect, and the season for ge...

Trade Storm at Sea

15 Aug 2017
By Jim PatricoProgressive Farmer Senior Editor MERIDA, Mexico (DTN) -- After last week's brush with Tropical Storm Franklin, talk of NAFTA renegotiations returned to the docks and trading offices in the state of Yucatan on Mexico's Gulf Coast. Shippers and receivers of U.S. grain there have long relied on tariff-free trade to build their businesses...

Cash Market Moves

15 Aug 2017
By Mary KennedyDTN Basis Analyst The International Longshore and Warehouse Union (ILWU) officially announced on Aug. 4 that members voted to ratify a three-year extension of its master labor contract. The contract extension between the ILWU and Pacific Maritime Association (PMA) representing port terminals and carrier employers is expected to provi...

USDA Throws Corn a Curve Ball

14 Aug 2017
By Alan BruglerDTN Contributing Analyst In a ballgame eerily similar to last year, USDA threw a curve ball at the corn market Thursday. But unlike last August when the bulls were able to hit that bearish offering and close higher, this year they clearly swung and missed. Traders had been expecting a national average corn yield in the 166-bushel-pe...
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