A massive U.S. corn sale to Mexico leads today’s Ag News Update, while China adds another soybean purchase and fertilizer costs continue climbing.
USDA is also changing how it reports negotiated fed-cattle trade in parts of the Southern Plains, harvest continues toward completion, and Election Day could influence the direction of farm policy, trade and agricultural spending.
Audio:
Highlights:
– Roughly 68 million bushels of U.S. corn sold to Mexico
– Another 136,000 metric tons of soybeans sold to China
– Midwest ammonia prices continue climbing
– USDA begins new regional negotiated fed-cattle reporting
– Corn harvest reaches 74 percent nationally
– Election Day could affect farm and trade policy