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Ag markets diverged after Tuesday's USDA reports

Corn futures reacted badly to the USDA reports. The USDA released its Grain Stocks and Prospective Plantings reports at 11:00 AM CDT this morning, which sent corn prices sharply lower. The stocks result easily topped forecasts, thereby depressing old crop prices, while the 2015 acreage figure also far exceeded expectations and depressed new crop values. May corn futures plunged 18.25 cents to $3.7625/bushel in late Tuesday trading, while December dropped 17.5 to $4.0025.


Regulating root growth

A novel protein, PUB4, that regulates cell division in root tips has been uncovered by genetic research led by the RIKEN Center for Sustainable Resource Science.


Soybeans cut swath through Western Canada wheat belt

Soybeans, once a novelty in Western Canadian fields, are poised to reach record-large acreage again this year, and some of the world's biggest seed companies are betting they have further room to grow in a country known for wheat and canola.


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