Soybeans were higher on short covering and technical buying, but not enough to escape a lower week-to-week close. Argentina’s crop rating was down on the week, even with improved rainfall in some areas. That justifies some recent declines in crop production projections and could set the stage for more once harvest gets into full swing.…… Continue Reading
Turkey hatchery numbers are pointing towards tighter supplies later this year. The USDA says 24.487 million eggs were in incubation on February 1st, 2025, down 1% from January 1st and 4% lower than on February 1st, 2024. Those declines are at least partially because of depopulation of layers prompted by reports of highly pathogenic avian…… Continue Reading