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Monday, October 28th, 2024- John Heinberg and Eric Snodgrass
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Crude oil saw a drop around 4% on Monday as traders took war premium out of that market. That drop seemed to weigh on grains and oilseeds to start the week, among other factors, as soybeans, soy products, wheat and corn were all in the red. Meanwhile, cattle and hogs found some mild support. We talk markets with John Heinberg from Total Farm Marketing. Find more at https://www.totalfarmmarketing.com.
It appears the weather pattern is setting up to finally bring some much needed moisture to the Midwest as we enter into November. However, it doesn't appear to be a major drought buster across the whole of the Plains and Corn Belt. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss in our Weekly Weather Update. Find more online at https://www.ag-wx.com.
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