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With the government funding in place for now, work on a new farm bill can continue, with the same questions (timing, funding, Title 1 reform, etc.) still being unanswered.

Corn & wheat see a corrective bounce, while soybeans are down on harvest pressure. A government shutdown was averted which is also helping markets, especially cattle. Randy Martinson, Martinson Ag has details.

Working off a big trade the previous week and slowed production, packers were reluctant to purchase cattle but the futures market took a dip and buyers stepped in at steady money and gathered inventory.

Jerry Gulke, president of the Gulke Group, says the most significant part of the report was the breakdown of who is holding the grain.

AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, says threat of government shutdown melts down grain and livestock markets, trumps reports. So what are the long term market implications?

The USDA reports were bullish for corn with lower-than-expected quarterly stocks, but bearish for soybeans. Wheat numbers were also bearish with higher-than-expected production.

The overall outlook for the cattle markets remains positive.

As Congress drew closer to a government shutdown, the news pressured commodity prices. The drop in commodity prices happened despite what some viewed as a fairly bullish September Grains Stocks report for corn.

A calibrated monitor usually does a good job of telling you where yield is changing in a field within a hybrid, but it may not tell you exactly how one hybrid is yielding against another.