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Ben Buckner

Oct 15, 2026

0:21
What pushed everything lower today?
0:23
Yeah, I think it's fairly simple, maybe short-sighted, but you know, harvest full swing, uh, even the forecast has kind of taken back some of the expected rainfall in places like Iowa, Illinois in the next forty-eight hours, so there's not gonna be any disruption.
0:37
We could get another twenty percent of the soybean crop harvested in the next seven or eight days.
0:41
So record large production, record large supplies, cash pipeline pretty full.
0:47
And the NOPA crush number came in about five million bushels below expectations, and in September we crushed less beans than we did a year ago, and so that by itself, pretty disappointing.
0:59
I think that was a function of supply availability.
1:02
We all saw the chaos of, you know, interior bids in September, but in any case, the collision of those two things is, is what drove soybeans down and corn and soy just kind of tagged along, or I'm sorry, corn and wheat tagged along for the ride.
1:21
Cattle and hogs, uh, all ending the day in, in the green.

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