AgDay TV Markets Now: Ted Seifried says Grains and Cattle Recover as Government Shutdown Averted. Can the Markets Build on It?

AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says grains and cattle recover on Monday as the government averts a shutdown. But are the fundamentals strong enough to keep the rally going?

AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says grains and cattle recover on Monday as the government averts a shutdown. But are the fundamentals strong enough 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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