With the government funding in place for now, work on a new farm bill can continue, with the same questions (timing, funding, Title 1 reform, etc.) still being unanswered.

Corn & wheat see a corrective bounce, while soybeans are down on harvest pressure. A government shutdown was averted which is also helping markets, especially cattle. Randy Martinson, Martinson Ag has details.

Working off a big trade the previous week and slowed production, packers were reluctant to purchase cattle but the futures market took a dip and buyers stepped in at steady money and gathered inventory.

Jerry Gulke, president of the Gulke Group, says the most significant part of the report was the breakdown of who is holding the grain.

AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, says threat of government shutdown melts down grain and livestock markets, trumps reports. So what are the long term market implications?

The USDA reports were bullish for corn with lower-than-expected quarterly stocks, but bearish for soybeans. Wheat numbers were also bearish with higher-than-expected production.