Soybeans and wheat led us to the downside on Thursday which weighed on corn as well. Not a lot of fresh news in the markets gave the trade the opportunity to take some profits as we work towards the end of the week. Traders are watching weather, the ongoing crop tour and also are waiting on tomorrow’s comments from Fed Chair Jerome Powell in Wyoming about the economy. Livestock fared a bit better as lean hogs found some support finally this week and cattle were mixed.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406
Also, more analysis with Bryan Doherty of Total Farm Marketing and Jesse Allen on today’s Market Talk below:
https://americanagnetwork.com/wp-content/uploads/2020/11/Podcast-logo-AAN-NEW-1.jpg
