For the first time in his career, Machinery Pete is seeing 10-plus-year-old combines going up in value. Pre-DEF combines in good condition with lower hours are the new hot spot in the market.

Senator Grassley and Senator Brown recently released the Farm Program Integrity Act. It limits farms to two payment limits, treats general partnerships like corporations and requires substantial work by owners.

China, Mexico and unknown destinations purchased nearly 66.5 million bushels of soybeans last week. While the sales were a welcome sign for the soybean market, exports are woefully behind normal for this time of year, which might be why the market didn't get a more bullish price reaction.

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