There was good news and bad news in that big USDA report released Jan. 12. In this edition of the Market Update podcast, Ben Potter, senior editor, Farm Futures, talks with Willie Vogt, editorial director, Farm Progress about that report and key learnings.

Wheat took it on the chin, corn had some sideways trade and soybeans won out. As for South America, USDA didn't make many changes there. Listen to the podcast for more information.