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Oliver breaks down the grain and livestock markets in his bi-weekly interview with RFD-TV. Grain markets continue to surge, Cattle futures try to find their footing, Lean hogs are mixed.
After yesterday’s wild session, we would expect to see the volatility stay alive in the last trading day of the month.
Grain markets have been mixed in the overnight and early morning trade, providing plenty of opportunity for those not married to a bias.
Once operational in late 2024, American Foods Group’s new beef facility in Warren County, Missouri, will process 2,400 head of cattle per day.
Grain shipments on some railroads could stop as early as Wednesday, two days ahead of a possible rail strike. A rail stoppage is growing more likely as the country’s main rail unions remain at odds with rail companies.