1. Soybeans, Wheat Modestly Higher Overnight Soybean and wheat futures were modestly higher in overnight trading on demand for U.S. supplies, though trading is quiet ahead of today’s elections. Corn was little changed.  Exporters reported sales of 150,000 metric tons of corn to Mexico for delivery in the 2024/2025 marketing…

By Jonathan Coppess, Gary Schnitkey, Carl Zulauf, and Nick Paulson Since the tariff and trade conflicts that began in 2018, through the pandemic relief assistance efforts in 2020, American farmers have received an unusual amount of ad hoc and supplemental or emergency assistance (see e.g., Farmdoc Daily, April 18, 2018;…

DAILY Bites Authorities dismantled a multimillion-dollar theft ring smuggling California farm equipment into Mexico. “Operation Tractor Pull” led to the arrest of seven suspects and the recovery of $1.3 million in stolen equipment. The theft ring impacted California’s agricultural community, with some equipment still unrecoverable across the border. DAILY Discussion…

Eight years between nearly any two pieces of equipment — whether cars, trucks, combines, or tractors — normally means two completely different machines. Technology changes fast, and manufacturers constantly update what they bring to market.  But if you visit Stoller and Klein Farm in Illinois, you’ll see a 2014 and…

Corn harvest in the country’s top three corn-growing states is nearly complete for 2024. Here’s a look at how farmers are wrapping up this season and preparing for the next, according to data from the latest USDA Crop Progress report and input from agronomists. Which State Is Closest to Finishing…

DAILY Bites October saw a 27-point rise in sentiment, with higher future expectations despite ongoing concerns about current conditions. Input costs and output prices remain top issues, while fewer producers worry about interest rates.  The Farm Financial and Capital Investment indices rose, suggesting farmers expect stronger performance in 2025. DAILY…