Grains see profit taking & remove weather premium, with lower crude oil prices. Cattle make new highs on higher, cutouts and a debt ceiling deal, while hogs see short covering. Kent Beadle, Paradigm Futures.

Grain futures prices had a strong rally last week but were unable to find any follow-through in today’s trade.

Shipments from Brazil’s largest private port terminal Tiplam at Santos is expected to grow 6.8% to a record 12.5 MMT this year.

Grains end sharply lower on profit taking, removing wx premium, with a risk off day in outside markets. Cattle hit new highs w/strong cash, cutouts. Hogs limit up on short covering. Ted Seifried, Zaner Ag Hedge.

The U.S. Government could be looking to buy 47 million pounds of cheese for local food banks and schools, and one dairy analyst says it could be a game changer for dairy demand and milk prices.

‘Biological’ products contain beneficial, naturally occurring microorganisms or microbial derivatives as active ingredients, and are used by farmers to enhance the efficiency of other inputs such as fertilizer.