AgDay TV Markets Now: Dave Chatterton, Strategic Farm Marketing, says grains end mixed positioning ahead of the reports but watching war and weather news.
AgDay TV Markets Now: Dave Chatterton Says Grains See Report Positioning but With an Eye on Weather and War News
AgDay TV Markets Now: Dave Chatterton, Strategic Farm Marketing, says grains end mixed positioning ahead of the reports but watching war and weather news.
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Joe Kooima of Kooima Kooima Varilek says the reaction was a bit muted considering the placements were well below estimates. However, he says some of it was already priced in.
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.
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NASS says incorrect acreage weights for irrigated and nonirrigated fields affected September corn yield estimates for Kansas, Nebraska and the U.S. The agency’s October forecast remains unchanged.
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