AgDay TV Markets Now: Randy Martinson, Martinson Ag says yield may be adjusted in the WASDE, but he also fears it could be offset by lower demand.
AgDay TV Markets Now: Randy Martinson Says Yield May Be Adjusted in WASDE But Offset By Lower Demand
AgDay TV Markets Now: Randy Martinson, Martinson Ag says yield may be adjusted in the WASDE, but he also fears it could be offset by lower demand.
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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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