It was a mostly lower day in grains and energies on Monday with double digit losses in soybeans and Chicago wheat along with crude oil down over 3% on the day. Corn was down moderately as well while livestock ended mixed after initially seeing strength on Monday morning. We discuss the market action and what to watch for this week ahead of the key USDA January reports out on Friday with John Heinberg from Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com.
Is it getting to the point in South America, specifically Brazil, where we should be worrying about too much rain in the forecast that could delay safrinha corn planting? Also, what is the latest forecast for this major midwest winter storm early this week? We discuss all of that and more with Eric Snodgrass from Nutrien Ag Solutions. Learn more and get the latest forecasts online at https://www.ag-wx.com.
AUDIO ONLY SHOW LINKS:
https://podcasts.apple.com/us/podcast/market-talk/id1533318516?i=1000640957628