USDA raised its estimates of corn and wheat ending stocks, but cut its soybean forecast with its September 12 World Agricultural Supply Demand Estimates report. At the same time, the ag agency lowered the midpoint of its corn price forecast to $4.80 per bushel, with the price range dropped to $4.40-$5.20 a bushel from previous estimates $4.50-$5.30.
Soybean prices saw a significant increase of $1.15 to $12.50 per bushel. USDA narrowed its wheat forecast to…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
