E117: Surprises and Expectations: September WASDE

The September WASDE dropped Monday, September 12th, and with harvest looming and the crop looking lackluster, grain markets in particular are on tender hooks as they await any new information about the 2022 stocks. DTN’s Todd Hultman joins us to unpack some surprise adjustments that USDA made ahead of the September 30th report. And as corn and soybeans information gets an update, he’ll put it in context giving shifting demand at home and abroad and the risking input market going into this winter. Plus, we’ll discuss why wheat updates matter to all grain growers, dig into livestock market updates, and talk bears and bulls as we unpack Todd’s final overall outlook going into the harvest season.