Professional Farmers of America, Inc.

Our guest market analyst is Randy Martinson with Martinson Ag to talk grains.

Later on, Don closed with Terrain is into top cattle markets and state of the beef industry, as well as Dr. Daryl Peel with Oklahoma State University has analysis of the cattle on feed report right after the news with Hillary Mason, market analyst with Pro Farmer.

Good afternoon, Hillary.

Hey, Michelle, happy Friday.

More contract lows down 80 cents on the October at 7810 and down 342.5 for the week.

Talk to you Monday.

Hillary Mason with Pro Farmer.

When we come back, Randy Martinson.

Oliver Slope, Blue Line Futures' Price Action Perspective.

right after the news with Pro Farmer editor Bill Watts.

Good to have you along, Bill.

And it felt like we had a little Fed hangover going on in the markets today.

Lean hog index continues to slide.

We did see a little improvement in the pork cutout value at noon, but October lean hogs up 22.5 at 78.90, and that's after logging another one of those 15-month lows early in the day.

Okay, thanks so much, Bill Watts, editor at Pro Farmer.

Oliver Slope with Blue Line Futures is in with Price Action Perspective.

We'll be back right after the break.

Let's head to the markets page at ProFarmer.com and recap Wednesday's market closes.

These corn down one and a half, 534 and a quarter.

March down one and a half, 548 and three quarters.

Later on, meteorologist Drew Lerner with World Weather has our ag weather forecast.

Brian Krocht with agmarket.net is in with price action perspective right after the news with Spencer Langford, economist with Pro Farmer.

Good afternoon, Spencer.

Hey, afternoon, Michelle.

Okay.

And for the day, October hogs finished 52 and a half cents lower at 7907 and a half.

And that's Spencer Langford with Pro Farmer.

Brian Split with AgMarket.net and with Price Action Perspective.

Jack Scoville with the Price Futures Group has price action perspective.

Right after the news with Spencer Langford, economist with Pro Farmer.

Happy Monday to you, Spencer.

Hey, you too, Michelle.

We hit a 15-month low close, and for the day, October f- hogs finished $1.92 and a half lower at 79.60.

All right.

Thanks so much for joining us, uh, Spencer Lane Ford, uh, economist with Pro Farmer.

Uh, as far as our price action perspective, we call on Jack Scoville with the Price Futures Group.

And I turned around, went home, and the s- almost the second I got into my office at my house, I saw the other plane hit the other building.

And the rest of that day, and basically the rest of the week, I huddled with then Pro Farmer editor Chip Flory in discussing how we would cover it in the newsletter and, and online that time.

But I'll never forget the next day, Tommy, when I went down to my office in DC, and it was just like a ghost town.

Mm-hmm.

And that, that'll bring that stocks to use ratio down more, because we'll, we'll bump up that, uh, uh, export number.

Yeah.

And I, I just want to say, uh, give a shout-out to the boys and girls on Pro Farmer.

They said the corn yield was down and that beans were at a record or close to a record.

Thanks, Michelle.

Hillary Mason joining us with Pro Farmer.

When we come back, well, we're going to unpack the WASDE report and more with Brian Grady, Comstock Investments, our guest analyst.

If your cornfield could talk, what would it say? I know that my field would ask for Pioneer Brand Corn by name.

marginally from a year ago.

And so that was a little bit of a surprise.

You know, we saw Pro Farmer Crop Tour go through and get lower year counts pretty much across the board there.

Some of the other smaller crop tours that went through reported year counts down.

And joining me in just a moment will be the host of this afternoon's celebration, Tim Burak, President of the Northeast Iowa Ag Experimental Association.

We'll get to Tim right after we get some details of today's markets from Pro Farmer editor Bill Watts.

Hey, Bill, how you doing, buddy?

Hey Chip, doing good.

Bill, thanks, buddy.

We'll talk to you later.

All right, that is Pro Farmer editor Bill Watts.

Joining me right now is Tim Burrock, president of the Northeast Iowa Egg Experimental Association.