Grains staged a strong turnaround heading into the close, while cattle finished lower. On today’s Final Bell, Brian Splitt with AgMarket.net joins Lacey Shippy to break down the day’s trade.
Key highlights include:
Tale of two sessions: Corn, beans, and wheat bounced back from morning lows to finish near the highs.
Yield uncertainty: USDA estimates face pressure after a dry August, echoing concerns from last year.
Soybeans: Pod counts vs. pod fill — why the crop’s potential is still uncertain.
Rumors and reality: Talk of a possible trade deal provides short-term optimism.
Looking ahead: Brazil’s planting, acreage shifts, and China’s role in global demand.
Splitt explains what’s fueling the late-session strength, how USDA might handle September adjustments, and the bigger themes that could drive the markets this fall.