It is hard to believe that September is less than a month away, quickly bringing the crop year to a close. With harvest not that far out, ag economists say it is time to take action on old crop supplies.
“We have to start thinking about selling the carry at harvest. We’ve got big carries in the corn market, big carries in the wheat market, and even big carries showing up in the soybean market. You know, the carry from November to July, the November contract, good grief, where is it? About $9.9 somewhere there today. 9.9 a bushel from November. It’s $0.60-plus higher out to July. That’ll cover your interest costs easily and throw something else in there,” said Ed Usset, with the University of Minnesota.
Usset looks back to earlier this year, saying February was likely the last rally for America’s staple crops, saying the typical spring or summer rally just never arrived.
Beal joined us on Friday’s Market Day Report to discuss her election to NASDA’s presidency, challenges facing American agriculture, and her background as a Mainer and dairy farmer.
September 26, 2025 03:12 PM
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China’s buying decisions continue to be a critical factor in shaping cotton prices and export opportunities worldwide.
September 26, 2025 11:55 AM
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Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
September 26, 2025 10:18 AM
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Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.
September 25, 2025 04:54 PM
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Listen to Alex’s Dirt Diaries episode today on all podcast platforms or tune into Rural Radio SiriusXM Channel 147 to listen, weekends at 5 a.m. and 4 p.m. ET.
September 25, 2025 04:45 PM
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Waiting could risk leaving next year’s crop unprotected.
September 25, 2025 01:55 PM
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