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Grain markets were lower to start the week on continued pressure from last week’s WASDE report. The weakness has broken chart support which may put the Bears back in the driver’s seat.

Beef production is now forecast to increase marginally from year-ago and rise another 4.1% next year.

Kent Beadle of Paradigm Futures says grains saw follow through selling pressure after a lower day Friday. The complex also saw spillover from the risk off day in outside markets including the higher dollar and lower crude oil.

Native Americans seek to regain control over their food systems

Brad Kooima, Kooima Kooima Varilek says cattle futures are mostly higher early Monday on better cash news and trying to negate Friday’s reversal. Grains are seeing pressure from harvest and South American rain chances.

Two factors add up to alternative storage paying off.

Jon Scheve discusses the latest USDA report and how likely corn is to rally given current yield estimates.

Who should attend? If any of these four challenges sound familiar, The DIRTT Project aims to help you and provide clarity.

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.

The October WASDE effectively solidified the supply side of the U.S. corn and soybean balance sheets for the 2024-25 marketing year, though Gulke was surprised USDA didn’t raise yields because harvest has never been so good on his farm.