The grains and oilseeds had a solid day to the upside on Thursday led by soybeans and soybean oil. Active weekly export sales numbers and good money flow helped the trade one day ahead of the December WASDE Report. Meantime, the protein sector continues to struggle. We discuss the markets and get perspective from Bryan Doherty, Senior Market Advisor with Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com.
Also, we get a look at the newest global protein outlook for 2024 from Rabobank. Lance Zimmerman, Senior Analyst-Animal Protein with Rabobank joins us to discuss the report and talk about the volatility in the cattle market recently. View the report online here: https://research.rabobank.com/far/en/sectors/animal-protein/AP-Outlook-2024.html
Today’s program is brought to you in part by Growmark/FS; learn more online at https://www.fssystem.com.