• Double E-Elections and Exports in the Markets | 11/2/24 Nebraska Soybean Board Weekly Market Roundup

  • Nov 2 2024
  • Length: 16 mins
  • Podcast

Double E-Elections and Exports in the Markets | 11/2/24 Nebraska Soybean Board Weekly Market Roundup

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  • Summary

  • Grain Exports: It’s been a strong week for grain exports, with demand keeping markets active. On the Nebraska Soybean Board Weekly Market Roundup, experts Jim McCormick and Jacob Burks from AgMarket.Net analyzed the volatility in grain prices, noting that upcoming election results could impact this momentum. Drought Concerns: Drought conditions are continuing to influence the market. While South America has seen some much-needed rainfall, improving crop potential, U.S. wheat markets still face issues with low moisture levels and price stagnation, leaving wheat in a challenging position. Cattle Market Risks: There's also speculation around a potential "risk-off" movement in the cattle market, which might be affected by uncertainty in both domestic and international markets as well as impending election results.
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