Yesterday's bearish USDA report has carried into today with soybeans leading the grain markets lower. The government shutdown will limit the number of USDA reports for now, which might be good news for the markets. Wheat seemed to be the only place where any good news could be found and the markets are responding accordingly. Winter weather is on the way for the High Plains by Thursday, signaling that it can't be far for the first frost in much of the Midwest.
Farm Futures Market Analyst Paul Burgener reports on morning grain trade. Listen to him using the audio player on this page.
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.