Light to moderate rain was noted in the western and eastern Midwest and portions of the Southern Plains Thursday afternoon. Temperatures ranged from the low 60s in the northern Great Lakes to the mid-90s in central Texas. » More DTN Weather Commentary
Posted at 1:07PM Thu Aug 16, 2018 CDT
Quote of the Day
"Leadership is the art of getting someone else to do something you want done because he wants to do it."
Recent inflation figures suggest the economy is heating up. Although it can be favorable to farmers if commodity prices rise, there is a looming risk of higher interest rates following that higher inflation.
Gro Intelligence's yield models forecast an average corn yield of 191.33 bushels per acre in Nebraska and 160.25 bpa in South Dakota, while soybean yields are expected to hit 59.36 bpa and 47.09 bpa, respectively.
More imported food products already contain the sugar they need, and production of sugar globally has created a glut at a time when U.S. food companies are marketing more products that contain reduced sugar. So far, the sugar industry has survived by taking market share back from high-fructose corn syrup.