The grain markets have been on edge because of the government shutdown and uncertainty with trade. Today at noon the USDA will be releasing a fall report with estimated grain yield averages, carryout volume and export numbers. Apparently during the government shutdown employees were collecting data, and this report is likely to move market prices. In the past 10 years the fall report has reportedly moved the prices upwards 3 times, and downward 7 times (https://www.profarmer.com/news/agriculture-news/4-key-things-know-ahead-usda-crop-production-and-wasde-reports). Today we will see how US soybean and corn markets (and consequently our Canadian markets) react to a much needed update.
