News & Publications

News & Publications

September 27, 2023 | Cesar Cruz

3 main factors moving markets this harvest

3 main factors moving markets this harvest

American farmers have been busy gathering their corn and soybeans for the 2023/2024 season, and they're doing it faster than usual. As of September 24, they've already harvested 15% of the corn and 12% of the soybeans. However, the quality of these crops isn't great. In fact, it's the worst it's been in a decade for soybeans and the second worst for corn.

This means that while we'll soon know how much they've actually harvested, the market might go up and down because of things that happened in the past few months and because planting is just beginning in the southern hemisphere. So, we need to keep an eye on recent events and what's coming up.

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