Traders will be watching for possible surprises in USDA's quarterly Grain
Stocks and Small Grains Summary reports Friday.
FUSDA Reports Preview
Some heat early in the fall in the middle of the country will be favorable
for the continuing harvest for the next couple of weeks, but fall has to arrive
at some point. Can it happen in mid or late October?
:^Ag Weather Forum
The department on Wednesday stated it is "closing out" some of its
disaster relief programs from different phases of the Emergency Relief Program
(ERP), which were funded by ad-hoc disaster funds for losses from 2020-2022.
BDisaster Aid Checks Coming for 2020-22
Most retail fertilizer prices are down from last month, with one big
exception: Anhydrous is 21% higher than last month with an average retail price
of $763 per ton. Only three fertilizers
significant price declines, while the remaining four fertilizers
- MAP, urea,
UAN28 and UAN32
- were slightly lower in price compared to last month.
BDTN Retail Fertilizer Trends
The ramifications of slower processing speeds haven't just lessened
packers' dependence on the cash market, they've also tightened beef supplies
available to consumers and driven carcass weights higher.
4^Call the Market