Morning Calls & Comments (7/5)

Market calls & comments
Market calls & comments
(Commodity Update)

Corn: Steady to lower

Soybeans: Steady to lower.

Wheat: Steady to lower.


Cattle: Steady-firmer

Hogs: Steady-weaker

Grain and soybean futures may face followthrough pressure at today’s open after plunging to multi-month lows late last week amid improving weather prospects for the Midwest. Grain markets resume trading at 8:30 a.m. CT following the holiday weekend. Livestock markets also open at 8:30 a.m. CT. Malaysian palm oil futures extended a recent slump to hit the lowest prices since September, while front-month crude oil is down slightly. The U.S. dollar index surged more than 1,100 points higher this morning to a 20-year high.


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.