Morning Calls (5/31)

Grain Calls & comments
Grain Calls & comments
(Commodity Update)

Corn: 5 to 7 cents lower.

Soybeans: 2 to 6 cents higher.

Wheat: HRW and SRW 25 to 30 cents lower, spring wheat 20 to 22 cents lower.


Cattle: Steady-mixed

Hogs: Steady-firmer

Wheat futures fell sharply overnight and corn also declined following reports Russia may allow grain shipments from Ukraine. Soybean futures climbed to contract highs, while Malaysian palm oil futures rose 1.3% after dropping the previous two days. Front-month U.S. crude oil futures rose above $119 a barrel, near three-month highs, after the European Union agreed to ban most Russian oil.


Latest News

Grains Try to Recover Midday with Reversal in Outside Markets: Live Cattle Mixed with Bullish Cattle Inventory Expectations

Grains try to recover midday with help from the reversal in outside markets. LC mixed with bullish hopes for the USDA Cattle Inventory Report.  Hogs lower. Scott Varilek of Kooima Kooima Varilek has details.  

Grains Start Higher on Weather Concerns in Argentina and HRW Areas, Then Corn Fails: Cattle Higher with $1 Better Southern Cash Friday

Grains higher early with technical buying and a drier Argentina weather concerns. Cattle higher with $1 higher cash on Friday. Hogs back lower.  Michelle Rook has a quick update.  

Today's Market Recap (1.20.23)

Market recaps for corn, soybeans, wheat, cattle & hogs.

Improving Argentine Weather Forecasts Weigh on Grain, Soy

Forecasts of improving weather in Argentina over the next two weeks weighed on the grain and soy complex.

Corn, Soybeans & Wheat Prices Fall; Cattle Mixed

Today's closing prices and market recaps.

Morning Calls & Comments (1.13.23)

Soybeans faced light profit-taking pressure at the end of the overnight session, which is likely to spill over into the start of daytime trade.