Drought hit farmers hard in Minnesota this season, so farmers are finding mixed results at harvest. Many are disappointed with soybeans but say their corn yields are better than expected.
A historic drought has severely cut the size of this year's crop in Argentina, especially soybeans. Processors will be forced to import soybeans just to stay in business.
WASDE Report was bullish for soybeans with a cut in U.S. ending stocks and 8 mmt cut in Argentina production, corn ending stocks bearish, raised 75 mb. Wheat balance sheet unchanged. Jim McCormick of AgMarket.Net.
Natural gas prices rebound Monday after hitting lows not seen in a year. Is the bottom in? John Wenzel, Senior Risk Management Consultant with StoneX has details.
Corn and soybeans are pushing higher after some surprises in the September USDA Supply and Demand Report. Wheat mostly lower. Livestock mixed. Michelle Rook gets analysis with Matt Bennett of AgMarket.Net.