Market Analysis
Pro Farmer Lowers Corn Yield and Production From USDA’s August Estimate, But Raises Soybean Yield and Production to Record Levels.
Newsom looks at when corn and soybeans normally put in a harvest low and if that changes when there are predictions for bumper crops.
Low Feed Prices Make Cattle Margins Attractive
Chip Nellinger, Blue Reef Agri-Marketing, says time is running out on old crop sales.
Excess old crop supplies of corn need to be moved before a record crop is harvested. Tomm Pfitzenmaier of Summit Commodity Brokerage shares some options.
Markets will look for confirmation of record yields from the tour for direction.
Wheat sees a short covering bounce, while cattle fall with fund liquidation and lower cash.
Farmer Selling of Old Crop Corn Pushes September Into New Contract Lows
Agency Makes Adjustments to Spring Wheat Production and Acreage.
Soybeans Make New Lows But Can They Find Support at $9.50 on November?