Corn and soybeans saw some early short covering as they are oversold but are getting drug down by wheat and fund selling says Kent Beadle, Paradigm Futures.

Livestock futures were largely lower in yesterday’s trade, along with commodities broadly. It appears some markets have stabilized, will that help cattle and hogs?

Grains are mixed in the early morning trade as the selling pressure may be running out of steam.

Jim Conlan contends Swampbuster regulation is compelled conservation—all government stick and no carrot.

Soybean losses related to recent floods in Brazil’s southernmost state of Rio Grande do Sul were estimated at 2.71 MMT, state crop agency Emater said.

Steve Meyer, senior livestock economist, Ever.Ag Insights, says cash and cutouts just stalled the last six weeks, pulling down lean hog futures and cutting into break evens and profit levels.