AgDay TV Markets Now: Darin Newsom Discusses if Soybeans Have Scored a Harvest Low

AgDay TV Markets Now: Darin Newsom with Barchart discusses if the soybean market has put in a harvest low and what it will take to keep the rally going?

AgDay TV Markets Now: Darin Newsom with Barchart discusses if the soybean market has put in a harvest low and what it will take to keep the rally going?

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Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
Scott Varilek with Kooima Kooima Varilek says the live cattle were overbought after rallying $21 off the lows.
Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
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NASS identified a processing error affecting September corn data for Kansas, Nebraska and national figures. The agency says its October forecast of 181.2 bu. per acre remains unchanged, leaving questions about the yield jump.
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