Grain markets seem to have trouble focusing this week. What factors should weigh the most? Higher-than-expected USDA yield estimates? Massive world supplies? Strong demand? Weather concerns?

Tuesday’s bearish WASDE reports, with estimates of 169.9 bpa corn yields and 49.4 bpa soybean yields, feel like old news after just three days. By Thursday, markets saw prices jump – especially in soybeans, with November futures picking up 15.5 cents.

But here’s what happened next after some profit-taking occurred.

Listen to the report using the audio link on this page.

Senior Editor Ben Potter brings more than 14 years of professional agricultural communications and journalism experience to Farm Futures. He began working in the industry in the highly specific world of southern row crop production. Since that time, he has expanded his knowledge to cover a broad range of topics relevant to agriculture, including agronomy, machinery, technology, business, marketing, politics and weather. He has won several writing awards from the American Agricultural Editors Association, most recently on two features about drones and farmers who operate distilleries as a side business. Potter is a graduate of the University of Missouri School of Journalism.

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