11/14/2024 Export Sales, Boxes Lower-Beef Lower

On the Grains
I’m unsure how many days I can try to spice up the overnight market with a wildly up ½ cent comment, but here it goes again today. In my 20+ years, I’ve never seen a Thanksgiving holiday chop trade the entire month of November. This is the year as the crop was put away early, and the basis in western Iowa reflects that. For producers that are going to move grain on a basis contract, please put pricing orders in at the same time so we don’t repeat last year’s end-of-February markets where all of those basis contracts were forced to price before first notice vs. March.