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Podcast: Grain Markets and Other Stuff
Episode: DEVASTATION: Hurricane Impact on US Ag (Crush Plant Shutdowns??)
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.π± Soybean Futures SurgeSoybean futures rallied sharply on Friday, with the nearby Nov24 contract gaining nearly 25 cents (2.4%) per bushelβits best close since July 25th! The rally was largely driven by soybean meal futures, which skyrocketed 5.3%. Hurricane-related storms are expected to disrupt soybean crushing in some southeastern US facilities, leading to market adjustments regarding meal supplies. Conce...