USDA released export sales numbers for early October with both corn and soybeans coming in above the expected range as wheat sales begin to slow. Harvest weather is improving to finish the week and set up for good progress until another set of storms come into the Midwest through the middle of next week. Opportunities to make some fall sales of wheat and soybeans remain through the morning for farmers needing to catch up on some marketing.
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.
Corn and soybeans export sales for early October are larger than expected, holding markets steady.