The soybean market experienced a drop this week as pressure mounted from global supply factors, including favorable weather in South America, boosting expectations for record crops. On this week's Nebraska Soybean Board Weekly Market Roundup, we hear from Sue Martin with Ag & Investment & David Ericson with Ag Optimus. Corn markets saw profit-taking, with traders opting for a risk-off approach amidst volatile economic signals. Wheat markets remained under the influence of weather-related uncertainty, particularly in regions like Russia, which could impact global exports.

Meanwhile, the cattle market remains hot, with spicy prices driven by strong cash trade and robust consumer demand. Tight supplies continue to support bullish sentiment as the industry eyes opportunities heading into the new year.