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In this episode, we talk about the disappointing CPI report as US corn inflation reaches a 40-year high. The Federal Reserve is now very likely to stay on track with aggressive rate hikes to combat inflation. USDA’s WASDE for October was unexpectedly seen as bullish for soybeans and canola and bearish for corn and wheat. Grains and oilseeds remain tight overall. Soybean yields were lower than expected. Ending stocks of corn and wheat beat analysts’ expectations. Check out this week’s Turner’s Take podcast.
About Turner’s Take Podcasts and Newsletters
If you’re having trouble listening to the podcast, click here to watch an episode of Turner’s Take Podcast. Craig Turner – Commodity Futures Broker 312-706-7610 [email protected] Turner’s Take Ag Marketing: https://www.turnerstakeag.com twitter: @Turners_Take Contact Craig Turner
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