Grains see follow through selling, while livestock start higher then turned mixed with a nice rally in cattle.

Are U.S. crops getting smaller and is that enough of a catalyst to get the funds to come back in to buy commodities? Will the historical cotton abandonment in the WASDE push the market back to contract highs?

A severe drought is magnifying Europe’s economic risks by disrupting crop yields, energy production and trade flows at a time when the continent is already facing soaring food and fuel prices. . .

A mostly lower day on Monday except hogs as poor economic news out of China and weather produced a risk off session. Cattle gave up early gains as funds took profits, hogs supported by the futures discount to the LHI.

Grains continue lower with a risk off session, but have rebounded off the lows. Livestock mostly higher.

This article discusses the highlights of the latest USDA report and provide carryout projections based upon different national yield results