Friday, December 4, 2020 2:49PM CST
The "1-in-4" rule was among multiple policy changes that will go into effect for 2021 spring crops. The Risk Management Agency is following up on several changes to crop insurance that had been proposed through a task force which met following the 2019 crop year in which nearly 20 million acres ended up with prevented-planting claims.
March corn is up 1/4 cent per bushel, January soybeans are up 4 cents, and March KC wheat is down 1/2 cent.
Traders attempt to stabilize livestock markets at the end of the week following active pressure Thursday. Growing concerns of increased COVID-19 cases and the short- and long-term impact on beef and pork demand tipped livestock markets into negative territory for the week.