Oct 29 | Commodity Week

This episode of Commodity Week, hosted by Todd Gleason, features agricultural market analysts Shane Holtorf and Garrett Toay discussing fall harvest progress and current market conditions. The guests report that the soybean harvest is largely wrapping up with average to better-than-expected yields, while corn yields are highly variable and somewhat disappointing compared to early summer expectations. The panel attributes recent drops in commodity prices to the USDA's surprising October crop report—which unexpectedly raised corn yields—and subsequent heavy selling by fund managers, compounded by broader geopolitical events like the Brazilian and upcoming U.S. elections. To navigate these market headwinds, Toay and Holtorf advise producers to avoid panic selling, utilize on-farm storage to lock in market carries, and remain patient for future pricing opportunities.

Panelists

- Garrett Toay, AgTraderTalk.com - Stockton, IL

- Shane Holtorf, Logic Ag Marketing - Alta, IA

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