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With a drier forecast on the way, harvest should expand and the high cash prices for soybeans is expected to back off the recent hikes.
Wheat futures were higher in correction to the very oversold conditions of the markets as the exports out of the Black Sea continue to fall behind.
Cattle ended the day higher, with boxes up on the week and cash trade divided between northern and southern trade.
Austin Schroeder with Brugler Marketing & Management recaps today's trade.
Wheat futures were higher in correction to the very oversold conditions of the markets as the exports out of the Black Sea continue to fall behind.
Cattle ended the day higher, with boxes up on the week and cash trade divided between northern and southern trade.
Austin Schroeder with Brugler Marketing & Management recaps today's trade.
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Grains slide further into the week's close, with harvest pressure still the key driver to the downside.
Demand for US soybeans remains strong, while export commitments for corn and wheat are behind.
South America will continue to be a focus as European buyers look away from the Black Sea for thei…
Harvest pressure kept row crops lower today, while wheat futures were able to find some moderate support in the later half of the session.
Soybean quality issues and off-colored beans could impact the basis levels and the export markets.
Jeff Peterson with Heartland Farm Partners recaps today's t…
Zach Tindall with Producers Livestock breaks down Monday’s livestock markets. Lean hog futures moved higher alongside a sharp jump in pork cutout values, while live cattle and feeder cattle futures posted mostly lower closes. Cash cattle values strengthened, but hog demand remains a key factor to w…
With clearer weather, the crop progress is expected to show an increased harvest pace ahead of rain chances later this week.
USDA's increased yield expectations from Friday's WASDE are still weighing on corn and soybeans.
Ross Baldwin with John Stewart & Associates recaps today's trade.
Harvest pressure and inflation data has pushed soybeans lower as funds still remain net long across the grains.
South American weather and global conflicts could provide potential upside down the road.
Mike Zuzulo with Global Commodity Analytics recaps today's trade.
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