Traders will be watching for possible surprises in USDA's quarterly Grain
Stocks and Small Grains Summary reports Friday.
FUSDA Reports Preview
Lawmakers have a lot of areas with opposing views, but Congress has
coalesced around the issue of restricting ownership of U.S. farmland for a
handful of countries, notably China. Each chamber has passed provisions with
overwhelming bipartisan support, but new disclosure requirements or
restrictions on foreign purchases of farmland haven't yet become law.
BOverseeing Farmland Sales to Foreigners
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
- had
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