Oct 22 | Commodity Week

In this October 22 edition of Commodity Week, host Todd Gleason and panelists Ted Seifried and Mike Castle examine the recent sluggish price action in the corn and soybean markets. The conversation highlights a recent surge in U.S. export sales largely driven by Chinese purchases and an unexpected flash sale to Spain, though the analysts express concern over lagging non-China global demand. Domestically, they emphasize that robust soybean crush demand, fueled heavily by the biofuel sector, has maintained unexpectedly strong basis levels during the harvest window. The panel concludes by evaluating how macroeconomic factors, such as inflation and Federal Reserve interest rate policies, alongside South American weather conditions, will likely dictate future commodity price movements.Panelists- Mike Castle, StoneX- Ted Seifried, Zaner Ag Hedge ★ Support this podcast ★