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Brad Kooima of Kooima Kooima Varilek says live and feeder cattle futures gapped lower on the opening after a human case of New World screwworm (NWS) was announced over the weekend.
Pro Farmer economist Lane Akre says corn and soybeans posted higher weekly closes and should be able to build on that next week with the push from the lower yield and production estimates from the Pro Farmer Crop Tour.
On the heels of Crop Tour, Pro Farmer projects corn yields at 6.1 bu. below USDA’s August estimate, while soybean yield numbers are nearly aligned.
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