Monday, November 18, 2019 4:49PM CST
Agricultural lenders say they're growing more concerned about working capital on the farm as profit margins continue to be squeezed. They're also hearing more from their customers about alternative income streams, with hemp and solar energy production topping the list.
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.