The power of corn-based ethanol will be on full display at the upcoming NASCAR Cup Series Race at Iowa Speedway.
Iowa Corn is sponsoring the event to connect with consumers and promote the role farmers play in bio-fuels.
Vice President of the Iowa Corn Promotion Board, Joe Roberts, joined RFD-TV’s Tammi Arender to discuss what we can expect from the race, the importance of the event, and a planting update.
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Recent U.S.–China trade developments provided a small lift for soy markets, though most traders are waiting for concrete purchase data before making major moves.
Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.
Expect modest relief on several produce lines, mixed protein trends into holiday buying, and softer veg-oil costs — a good week to sharpen forward buys selectively.
According to Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh agreed to buy $1 billion worth of U.S. soybeans over the next year.
A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
