FOR TUESDAY: (11/8) Market sideways before USDA report. More inclined toward a bearish USDA on Wednesday and may not get a lot happening Tuesday. We would take partial profits if 341.50 came in corn. Cattle look lower one more day but then will be harder to press shorts. Wednesday, the USDA will update its crop production and yield numbers. Private firms expect a minor reduction a corn crop then of 15.052 billion on an average yield of 173.3 bpa. USDA currently is at 15.057 billion and 173.4 bpa. Happy Election Day. As Time Magazine put on its cover, “The End is Near” and the double entendre is particularly apt. Let’s pray for peace and prosperity from whatever new government is formed.
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