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Markets Wait Quietly for USDA Reports

Grain markets are holding mostly steady ahead of the upcoming surprise from USDA. (audio)

Published on: Nov 8, 2013

Just like opening a box of Cracker Jack, there is a surprise in each USDA report. Speculation about where the surprise will be is the game that traders are playing this morning as markets sit quietly and wait for the news. Farmers are back in the field harvesting the crop with little interest in selling either corn or soybeans at the current time.  

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.

Grain markets are holding mostly steady ahead of the upcoming surprise from USDA.
Grain markets are holding mostly steady ahead of the upcoming surprise from USDA.