Morning Calls & Comments (6/28)

Grain Calls
Grain Calls
(Commodity Update)

Corn: 8 to 11 cents higher.

Soybeans: 13 to 17 cents higher.

Wheat: HRW and SRW 11 to 22 cents higher, spring wheat 3 to 6 cents higher.


Cattle: Steady-mixed

Hogs: Steady-weaker

Corn and soybean futures rose overnight following weaker than expected USDA ratings that indicated crops were under stress from recent Midwest heat and dryness. Wheat climbed in a continued corrective bounce. Malaysian palm oil futures rose 1.3%, a second straight daily gain, on concern domestic mill closures will curb supplies. Front-month crude oil futures rose over $1.70. U.S. stock futures signal a stronger open, while the U.S. dollar index is up about 300 points this morning.


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.