Risk Off Day Starts Markets Lower: Grains See Follow Through Selling After Poor Closes and Removing Weather Premium

The risk off outside markets has grain and livestock lower. Grains also seeing follow through selling after poor closes yesterday and removing weather premium. Allison Thompson of The Money Farm has more.

The risk off outside market tone has most of the grain and livestock futures lower early. Grains also seeing follow through selling this morning after poor closes yesterday and removing weather premium with better conditions in Argentina and the U.S. Southern Plains. Livestock are also lower with softer cash and cutouts. Allison Thompson of The Money Farm has more.

AgWeb-Logo crop
Related Stories
Joe Kooima of Kooima Kooima Varilek says the gap lower opening in cattle futures Monday in response to the border reopening to Mexican imports was volatile. They anticipate more to come to price in the news, even after a $25 to $30 break in the futures recently.
Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
Scott Varilek with Kooima Kooima Varilek says the live cattle futures made new lows for the move Thursday before finding support and putting in key reversals.
Read Next
After years of dry falls, a historic El Niño could cut U.S. farmers’ fall field-workable days by 20%, Nutrien’s Eric Snodgrass warns, while drying delays and flat acreage threaten Brazil and Argentina’s 2026-2027 crop.
Get News Daily
Get Market Alerts
Get News & Markets App