The chief economist at Indiana Farm Bureau says the partial government shutdown is impacting key USDA data that farmers rely on.
Todd Davis says a lack of an October supply and demand report, which was scheduled to be released on Thursday, could create market volatility.
“Farmers look to these reports as an update on crop production and an updated forecast of global supply, global demand, and the price forecast for U.S. corn and soybeans,” he says. “The market notices when it does not have that information.”