Video
Why the selloff following the USDA reports Thursday?
The outlook for Nebraska’s winter wheat crop is in question as the combines start to roll.
Markets opened higher except soybeans on Friday.
Grains ended mostly lower on report day, the meats ended mixed.
Midday markets are reacting to the USDA Reports, including a lower than expected soybean acreage number. Michelle Rook breaks it down with Randy Martinson of Martinson Ag.
Wednesdays markets were positioning ahead of USDA Report numbers, while keeping an eye on weather.
Mixed market opening Thursday ahead of the USDA Reports.
Wednesday’s Quarterly USDA Hogs and Pigs Report confirmed continued contraction of the U.S. swine herd.
Grains and hogs mixed heading into the reports, with cattle lower. Michelle Rook has analysis with Rich Nelson of Allendale.
Grains consolidated Tuesday ahead of the USDA data dump and watching weather and crop conditions, plus there was talk of China looking for soybeans.