After not providing a report in October due to the government shutdown, USDA on Friday returned with a November World Agricultural Supply and Demand Estimates report. USDA projected a slight reductions in overall corn production and yield along with overall soybean production an yield. USDA also released a backlog of daily flash sales data at the same time.

Arlan Suderman, Chief Commodities Economist at StoneX, joins us to go through the data in our Midday Commentary.