Good morning!
It is quiet again this morning as the government shutdown continues. It is doubtful that we will see our weekly crop/planting progress report this afternoon, but there may be enough money in the till to afford to release the export inspections. It sure feels like the big October S&D report that is due to release Friday morning will be delayed, not sure how long. If the gov’t remains closed for too much longer, there is a chance they just decide to skip this report and wait for the November S&D to release. These markets will likely get thinner and thinner as time goes on without new information to trade off of or give direction. This could lead to increased volatility and potential overreaction to yield reports coming from the country.
Opening Calls:
Corn is steady/mixed
Soybeans are steady to down 3 cents
Have a great day!
Dustin Weiner
@fccoopgrain
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