Corn and soybeans are pushing higher after some surprises in the September USDA Supply and Demand Report. Wheat continues mostly lower with no domestic balance sheet changes. Livestock mixed. Michelle Rook gets analysis with Matt Bennett of AgMarket.Net.
Fireworks from the WASDE Comes in an Unexpected Place
Corn and soybeans are pushing higher after some surprises in the September USDA Supply and Demand Report. Wheat mostly lower. Livestock mixed. Michelle Rook gets analysis with Matt Bennett of AgMarket.Net.
September 13, 2022 02:54 PM
Related Stories
Dave Chatterton with Strategic Farm Marketing says the markets needs a catalyst like South American weather or demand to find a bottom.
Scott Varilek with Kooima Kooima Varilek says the outside market news has been a factor in cattle but the main catalyst for the selling has been sharply lower cash trade which started breaking early in the week.
Bryan Doherty with Total Farm Marketing says speculative selling is a common theme in the commodity markets.
Read Next
Farmers rate their local FSA office well but give USDA crop data low marks, and they have ideas for closing the gap.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
