We saw the grain trade struggle to close out the week on Friday with headline news of Turkey banning wheat imports until October 15th taking a bite out of the European and U.S. wheat markets. Soybeans and corn also found pressure as a sharply higher U.S. dollar acted as a significant headwind to end the week. Livestock fared a little better with solid gains in feeder cattle to close out Friday’s trade.
Today, we welcome Brady Huck from Advance Trading Inc. and ATI Pro Media to the show for the first time. We take a longer look at the cattle markets and touch on the volatility in grains as well on today’s show. Learn more online at https://www.advance-trading.com and watch ATI Pro Media live every weekday morning at 9am CST on YouTube here: https://youtube.com/playlist?list=PLwCNbhcAodHML3Mu_1pYsr7zeEnXaIroi&si=H3ra2haCaWePhcyC
Also, make sure to check out our June Farmer and Rancher Roundtable conversation released today as Jesse talks with Iowa farmers Rick Willert and Andrew Focht!