Friday, March 5, 2021 5:36PM CST
The Senate begins taking up a $1.9 trillion spending bill Thursday afternoon, though debate and votes could be delayed because Republican senators want a full reading of the $1.9 trillion spending bill. The Senate Agriculture Committee chairwoman and ranking member are split over the bill.
Friday, March 5, 2021 5:35PM CST
The last three months have seen a strip of increased rainfall in a few states, but precipitation overall remains below normal in the northwestern portions of the Missouri River basin. The forecast shows lower potential flood risk on the main stem of the Missouri River going into spring.
Friday, March 5, 2021 5:34PM CST
The Arkansas State Plant Board has voted to consider using the federal dicamba cutoff dates this season, in a sudden reversal of the May 25 cutoff date the board approved in December.
May corn is up 4 1/4 cents per bushel, May soybeans are up 14 1/4 cents, and May KC wheat is up 4 1/2 cents.
It is a new week and feedlots may be a bit nervous over the potential of packers to reduce bids based on the outcome of last week. We can be assured neither side will tip their hand early until there is a better indication of demand. Hogs remain in an uptrend and it will take a significant event to trigger liquidation of long positions.