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Sunday’s showdown between challenger Flavio Bolsonaro and President Luiz Inacio Lula Da Silva carries implications for Brazil’s currency and long-term agricultural outlook.
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NASS identified a processing error affecting September corn data for Kansas, Nebraska and national figures. The agency says its October forecast of 181.2 bu. per acre remains unchanged, leaving questions about the yield jump.
Placements shocked to the downside, driving cattle numbers lower
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Beyond inventory numbers, placements and heifer retention data will set the tone for feeder futures.
Corn continues to see relative weakness and looks to challenge Wednesday’s for-the-move low.