Monday, December 10, 2018 2:33PM CST
A Michigan couple who grew an operation with major lines of credit and offering higher-than-typical rental rates have been indicted on various counts of bank fraud and crop insurance fraud for their operation that fell into bankruptcy in late 2012.
Monday, December 10, 2018 2:25PM CST
The global phosphorus fertilizer market appears well balanced heading into 2019, but some supply issues could alter this positive forecast. Environmental regulations in China curtailing phosphorus production there could have a huge effect on the global fertilizer market.
March corn was down 1 1/4 cents, January soybeans were down 6 1/4 cents, and March KC wheat was down 2 1/2 cents.
Live and feeder contracts should initially open higher, supported by late-week packer spending and stronger wholesale product sales. On the other hand, lean hog issues are likely to start out with mixed price action with deferreds probably outperforming spot December.