On Friday, USDA released a ton of data for the markets including the November World Agricultural Supply and Demand Estimates report along with a backlog of daily export sales data that hadn’t been reported due to the government shutdown. We saw the grains and oilseeds find pressure post report, closing down double digits in many corn, soybean and wheat futures contracts on the day.
DuWayne Bosse with Bolt Marketing joins us to discuss the report and the market reaction. We also catch up with Scott Varilek from Kooima Kooima Varilek and get his reaction to the USDA numbers plus a look at another volatile week in the cattle and hog trade. And in the opening segment of the audio podcast below, we hear from Mark Gold with Top Third Ag Marketing, a division of StoneX and get his thoughts on Friday’s market action.
