Wednesday, November 20, 2019 2:16PM CST
Sugarbeet growers in eastern North Dakota and northwest Minnesota had to leave frozen beets unable to be harvested in the ground, with some losing a significant amount of their 2019 crop.
Wednesday, November 20, 2019 2:14PM CST
As the CFTC takes another crack at rules that would place trading limits on speculative noncommercial traders, the commission's new chairman said CFTC has incorporated several recommendations to try to ease some concerns of agricultural hedgers. The debate about position limits has been over the balancing act between what constitutes a bona fide hedge and what meets the definition of speculation.
December corn is down 1 3/4 cents per bushel, January soybeans are up 2 1/2 cents, and December KC wheat is down 3 1/4 cents.
It certainly was a victory for cattle futures to close mixed and nearly unchanged yesterday. Traders are assessing their positions after the steady rise of futures over the past two months and the upcoming Cattle-on-Feed report due out on Friday.