The Ag View Pitch

#554 - "Reaction to Friday's USDA reports." - Weekly Market Outlook: Jan 15-19th.

01.14.2024 - By Ag View PitchPlay

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In today’s weekly market outlook, we have a conversation with Peter Meyer and Jarod Creed about the series of USDA reports that came out on Friday.  Although the initial reaction by the market was bearish, it did recover a bit at the end.  But the tone is not bullish and there is a lot of corn stored by farmers that needs to be sold.

 

We also discuss the outlook for corn versus beans for 2024 and the trend appears to be moving to corn.

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