Federal Shutdown Muddies Ag Markets
With the central Illinois prairie covered with snow, Trent sat down in his warm office to look back and ahead. 2018 "was a decent year, but not a record-breaker. We had good weather and good production, but the markets were not friendly." Trent continued by observing that the federal government shutdown has stopped USDA crop reports so the markets have no current information about final yield figures, export sales, status of various inventories, and similar information which ordinarily moves the market. Without the current reports, the markets are in a holding pattern, unsure of direction.