E122: Fruits of The October WASDE

The October WASDE dropped Wednesday, October 12th, and this month’s estimates include insight from farmer surveys as harvest gets underway across the country. Markets have rallied as USDAs numbers inch closer to those reported by Gro Intelligence and other yield tours, though outside influences are holding down prices in some regions.

DTN’s Todd Hultman joins us to help us link the data from the recent September 30th report with today’s global figures, and to unpack what changes in inputs, exports, and global demand might mean for prices in the months ahead. We’ll dig into record setting wheat and corn crops, and shape up possibilities for livestock markets in the fourth quarter of 2022. 

More on rising interest rates, shipping disruptions, and the state of Eastern Europe’s grain market.