On Friday, USDA dropped a ton of data onto the markets and much of it seemed to lean bearish. A record U.S. corn yield for 2023, higher 2023 U.S. soybean yield, higher ending stocks; there was so much data to digest. We breakdown the reports and market reaction on today’s show in a roundtable discussion with Kristi Van Ahn-Kjeseth from Van Ahn & Company along with Tommy Grisafi from Advance Trading and ATI Pro Media. Learn more online at https://www.vanahnco.com and https://www.advance-trading.com.
Also in an online exclusive, we discuss the numbers and get market analysis from Kent Beadle with Paradigm Futures. He shares his thoughts on the reports and some risk management thoughts moving forward. Learn more online at https://www.paradigmfutures.net.
We also had initial report reaction and thoughts from Arlan Suderman, Chief Commodities Economist at StoneX for our Midday Commentary. You can listen to that below: