Fireworks in October? — This week in the grain markets

by

Opinion

Grain markets flipped the calendar this week on not only a new month, but also a new quarter, and there was plenty to digest. It really started in Tuesday’s wild U.S. Presidential debate, then was followed by Wednesday’s quarterly stocks and annual small grains production report from the USDA, and then finally, the news early Friday that President Trump tested positive for COVID-19. U.S. grain inventories as of September 1st, 2020 were certainly bullish, but we saw lots of selling on Friday on concerns of the President’s health. This specific quarterly stocks report from the USDA gives us a good…

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