Ahead of Wednesday’s October WASDE report from USDA, we saw a mixed day of trade on Tuesday. Wheat markets gave back around half of Monday’s strong gains while corn was down moderately and soybeans were up slightly. Cattle had a strong day with corn being a bit weaker and lean hogs also had an ok Tuesday.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406
Also, more analysis of what is happening in the markets right now with Bill Biedermann of AgMarket.net on today’s Market Talk below: