NASHVILLE, Tenn. (RFD-TV) — The ag sector has now gone a whole month without harvest data from the U.S. Department of Agriculture (USDA) as the federal government shutdown continues. With combines finishing up in many regions, farmers are shifting their attention to transportation and storage decisions for the remainder of the season. Lewis Williamson with HTS Commodities joined us on Tuesday’s Market Day Report with the ag analyst perspective.
In his interview with RFD-TV News, Williamson said the post-harvest focus is shifting toward basis levels, grain movement, and storage costs as producers wait for updated federal reports to resume. He added that recent U.S.–China trade developments have provided a small lift for soy markets, though most traders are waiting for concrete purchase data before making major market moves.
Despite China’s sharp drop in grain purchases this year, new USDA export data this week shows that even some buying activity from the trade giant still moves the markets.
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Tim and Sharyn Abbott of the Music City Celebration Sale recap the weekend’s premier auction, which drew top dairy breeders and buyers to Nashville again this year from across North America.
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The bill to once again allow schools to offer whole milk and 2% milk will now go to President Trump for approval.
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China’s pullback is hitting core U.S. commodities hard, reshaping export expectations for soybeans, cotton, grains, and livestock.
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