Monday’s markets were mostly higher except for soybeans. Grains saw a technical correction, while cattle faded the bearish Cattle on Feed Report and hogs continue their technical and seasonal run higher. Michelle Rook talked with Pro Farmer’s Brian Grete to dive into the details.
Monday Markets Mostly Green
Monday’s markets were mostly higher except for soybeans. Grains saw a technical correction, while cattle faded the bearish Cattle on Feed Report and hogs continue their technical and seasonal run higher.
Related Stories
Grains recovered off the lows after USTR Jamieson Greer stated significant progress had been made with China, including on ag trade, and details would be released on Monday.
Varilek says the slowdown in slaughter tied to ICE raids has hurt producers leverage in the cash market and it has been reflected in northern bids.
The market wants details, especially of what is included in the additional $17 billion prorated ag purchases China has promised, beyond soybeans
Read Next
After a growing season with multiple windstorms, tornadoes and 15" to 20" more rain than normal, Cody White in Maroa, Illinois is seeing corn bushels 25-30 bushels lower than last year.
Commodity Market Futures
Futures prices on grains, livestock, oil and more

Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.

Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
