Grain markets stayed mixed and quiet on Wednesday, with corn and beans slipping while wheat found a bid. DuWayne Bosse of Bolt Marketing joins Market Talk to dig into what’s driving the action heading into harvest season — starting with the “great yield debate” now underway between analyst estimates and on-the-ground crop conditions across Iowa, Illinois, North Dakota, and South Dakota. He also covers the state of China’s soybean purchase pace against its 25-million-metric-ton commitment, why the Black Sea wheat story could be a bigger deal moving forward, and where cattle stand after a brutal July.
Corn and grain markets sat quiet on Wednesday, but the real action was happening in the outside markets. Tommy Grisafi of Nesvick Trading and AgBull Media joins Market Talk to break down a massive stock market rally, gold’s $150 surge, crude oil’s sharp two-day slide, and what it all means for farmers watching their 401(k)s and their basis alike.