Donald Faivre tumbled into a bizarre tale of torture, Tojo, and cannibalism, yet emerged as he entered, a farmer with a heart of gold.

Grains were uniformly higher early this morning but some of that strength fizzled as positioning squaring ahead of Tuesday’s WASDE may have capped upside movement. Livestock markets were mostly mixed with little new news.

Data from the state weather forecasting agency last week indicated that over 37% of winter crops are in poor condition or have not sprouted due to low moisture levels.

Arlan Suderman, Chief Commodities Economist for Stone X, says corn and wheat ended higher on value buying after wheat hit contract lows last week. Soybeans continue to be under pressure with favorable weather in Brazil and basis levels below the U.S.

Brad Kooima, Kooima Kooima Varilek, says cattle are working in last week’s higher fed cash cattle trade. Grains are also mostly higher adding geopolitical risk premium and ahead of the WASDE.

Jon Scheve explains current corn and bean price trends and how likely corn will go up. Plus, he walks through a recent trade outcome.