Wednesday, March 22, 2023 4:13PM CDT
While there is a desire in Congress to support cutting-edge research for agriculture, the support actually falls flat when compared to agricultural investments taking off in other countries. Groups committed to boosting ag research spending in the farm bill want nearly $7 billion more in committed mandatory spending over the next decade.
Wednesday, March 22, 2023 8:18AM CDT
All eight of the major fertilizers were lower compared to last month with five fertilizers down a considerable amount. DTN designates a significant move as anything 5% or more. Leading the way lower once again was anhydrous, UAN28, UAN32 and potash.
May corn is down 2 cents, May soybeans are down 5 cents and May KC wheat is down 8 cents.
Live cattle futures closed mixed with some bull-spreading activity as traders wait for cash trade. Feeder cattle closed higher in response to lower corn prices. Hogs could not catch a break again Tuesday with futures closing lower after spending some time in positive territory.