Thursday, October 19, 2017 8:30AM CDT
At the conclusion of the fourth round of negotiations on rewriting the North American Free Trade Agreement, U.S. Trade Representative Robert Lighthizer confirmed the U.S. put forward proposals to make changes to Canada's dairy supply management system and to make it easier for U.S. fruit and vegetable producers to file trade cases due to seasonal Mexican imports that they believe are damaging their industry.
Wednesday, October 18, 2017 2:25PM CDT
For View From the Cab farmers Brent and Lisa in Cedar Falls, Iowa, soybean harvest is about one-third done with yields about 6 bushels per acre lower than last year's excellent crop. Meanwhile, in Oklahoma, Zack Rendel was able to harvest 175 acres of soybeans with yields consistently above 40 bpa, which is profitable for him.
December corn was 1 cent higher, November soybeans were 2 cents higher, and December Chicago (SRW) wheat was fractionally higher.
Live and feeder futures should open moderately higher, supported by follow-through buying and pre-cash short covering. Lean hog contracts also seem set for a firm opening thanks to further cash strength and residual buying interest.