Grains Rally as Government Gets Back to Work

Grains Rally as Government Gets Back to Work

The government shutdown has ended and grain markets are trading higher, led by soybeans. (Audio)

Government is getting back to work and news about reports coming back on line is led by confirmation that the October crop production and WASDE reports are not going to happen. Look for the November 8th reports to be big news. Soybeans moved above the 100-day moving average as expectations for good export news in upcoming reports is offering support. Corn and wheat are following along today as the grain market moves opposite of outside markets.

Farm Futures Market Analyst Paul Burgener reports on morning grain trade. Listen to him using the audio player on this page.

The government shutdown has ended and grain markets are trading higher, led by soybeans. (Audio)

Market Analyst Paul Burgener joined the Farm Futures team in November 2012 and brings a solid ag economics background. A former University of Nebraska Extension Ag Economist with training from the University of Wyoming, Burgener brings extensive experience to his new role. Most recently, he was involved in agricultural finance, and will offer that perspective through his comments and writing.

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