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Joe Kooima, Kooima Kooima Varilek, says grains and livestock futures are trading mixed as traders position and take profits end of quarter and await the USDA report numbers out at 11 am.

Damage estimated between $95 billion and $110 billion. Farmers in South Georgia were assessing the damage to the state’s $1 billion cotton crop and $400 million pecan crop now in harvest season.

A choppy end to last week’s trade for livestock markets. Expect more of the same with today marking the last trading day of the month and quarter.

Grain terminal workers at the Port of Vancouver started returning to work on Sept. 28 following a tentative agreement to end a four-day strike that disrupted crop exports during the critical harvest season.

Weekly overview of ag commodity market news and price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.

Russia hiked the export duty for corn almost tenfold, marking the first sign of export curbs amid lower corn crop forecasts.

Naomi Blohm, Total Farm Marketing, says corn and soybeans have rallied into chart resistance and will need three main fundamental factors to combine to keep prices moving higher.

November soybeans rallied 24 3/4 cents to $10.65 3/4 and surged 53 3/4 cents on the week. We share our outlook for the next 5, 30 and 90 day segments.