Wednesday, June 29, 2022 3:21PM CDT
Indigo Ag announced the sale of 19,000 carbon credits generated by the practices of 175 farmers who have been working with Indigo to sequester carbon in their operations. Indigo now has more than 2,000 farmers participating in its carbon program, involving more than 5 million acres. Those farmers will be eligible for the next rounds of sales that Indigo announces going forward.
December corn was down 5 1/2 cents, November soybeans were down 5 1/2 cents and September KC wheat was up 4 cents.
Feedlots hoped for higher cash this week but were unable to get it. Packers dug in and were not willing to pay more for cattle resulting in steady to lower trade. Hogs closed mixed in anticipation of the Hogs & Pigs report. Cash and cutouts were higher.