Markets traded mixed on Veterans Day after a big soybean and corn rally on Tuesday following the WASDE report. Tommy Grisafi of AgBull Media and Nesvick Trading Group joins Jesse Allen to talk about funds exiting their record corn long, soybeans' 50-cent pop, what the Nvidia CEO controversy teaches traders about risk, why he is worried about the hog sector, growing liquidity stress on farm balance sheets, improving basis after harvest and what a realistic corn rally looks like without a South American weather problem.

Also, Brady Huck of Empower Ag Trading joins Jesse Allen from the road to break down the November WASDE, what feeder cattle need to hold on the charts, how Tyson's Amarillo second-shift plan fits the cattle picture, why South American weather is the "million dollar question" for grain bulls, and how farmers can manage storage and interest costs after harvest.

And at the end of the show, Susan Littlefield joins us to share a market conversation from Wednesday with Naomi Blohm of Total Farm Marketing in Segment Four.

Veterans Day Wednesday brought a quieter grain and livestock trade overall, after the WASDE fireworks we saw yesterday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

USDA's November WASDE report cut the U.S. corn yield to 179.6 bushels per acre and trimmed soybean ending stocks to 300 million bushels, sparking a rally across the grain markets on Tuesday. Jesse Allen talks with Cory Bratland, hedging strategist with AgMarket, about where USDA made its biggest state-level yield cuts, why the soybean balance sheet is getting tighter, whether wheat can lead, and how producers should approach marketing into year-end. Plus, a look at outside markets, the cattle rebound and the struggling hog market. Learn more about AgMarket: https://www.agmarket.net

We also listen back to our Midday Commentary and WASDE recap with Arlan Suderman from StoneX and take a look at news headlines to close out the show.