Morning Calls & Comments (7/27)

grain calls
grain calls
(Commodity Update)

Corn: 2 to 4 cents higher.

Soybeans: 13 to 16 cents higher.

Wheat: HRW and SRW 2 to 5 cents higher, spring wheat 1 to 3 cents lower.

Cattle: Steady-weaker

Hogs: Steady-mixed

Soybean futures rose to the highest prices in over two weeks overnight and corn also firmed amid concerns hot temperatures next week could harm yield prospects. Winter wheat futures rose amid ongoing concerns over the resumption of Ukrainian grain shipments. Malaysian palm oil futures rose 1%, while front-month crude oil is mildly firmer this morning. U.S. stock index futures signal a firmer open, while the U.S. dollar index is down more than 100 points.


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.