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Ag markets posted mixed showing on Tuesday
The weekly Crop Progress report released Monday afternoon obviously depressed corn futures Tuesday, since the indicated surge in U.S. corn plantings easily exceeded expectations.
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Oil ends lower, pares losses as dollar weakens
Crude oil futures ended lower on Tuesday, falling early as the dollar strengthened, then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the U.S. central bank should pull back on its quantitative easing program.
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Plains storms cause minor harm to Oklahoma/Kansas wheat
Tornadoes, high winds, rain and hail that cut a swath across the midsection of the United States on Sunday and Monday did only minimal harm to the winter wheat crop in top producers Kansas and Oklahoma, agricultural experts said.
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Ag markets generally mixed again Tuesday morning
The weekly Crop Progress report released Monday afternoon obviously depressed corn futures Tuesday morning, since the indicated surge in U.S. corn plantings significantly exceeded expectations.
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Showers to slow U.S. corn seedings from blistering pace
Occasional rainfall over the next week to 10 days will slow seedings of the U.S. corn crop, which was planted at a record fast pace last week, an agricultural meteorologist said on Tuesday.
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