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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 trade.
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 trade.
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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.
Grain markets finished Thursday lower, with soybeans leading the decline as traders looked ahead to Friday’s USDA reports. Corn held just above $5, while wheat also slipped. Export demand, harvest pressure and expectations for the WASDE report remained key market factors.
Mike Zuzolo with Global C…
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…
Sue Martin of Ag & Investments breaks down Friday’s USDA WASDE and crop production reports, record soybean yield projections, rising corn stocks and the outlook for harvest lows and demand in the weeks ahead on Channel Final Bell.
Grains and livestock markets closed lower Wednesday as traders positioned ahead of Friday’s WASDE report. Corn and soybeans gave back much of Tuesday’s gains, while wheat posted sharp losses. Cattle and hogs also finished lower with limited fundamental support.
Arlan Suderman with StoneX Financial…
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