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Grain markets are following the recent trend of a lower Monday trade, while cattle futures scream higher following bullish reports on Friday afternoon.

The industry investigates the agronomic issue finding it can be attributed to many factors including environment, genetics and rapid growth stages.

Joe Kooima of Kooima Kooima Varilek says both live and feeder cattle futures gapped higher into all-time and contract highs again on Monday morning on the heels of the bullish USDA Cattle on Feed and Cattle Inventory Reports. Grains opened lower as weather is trumping export and trade news.

Despite USDA’s strong corn condition ratings, more agronomists and farmers are reporting pollination problems from what’s being called ‘overly tight tassel wrap,’ an issue that can’t be seen until you walk into your fields.

Weekly overview of ag commodity market news and price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.

Scott Varilek with Kooima Kooima Varilek says both live and feeder cattle futures had a nice recovery and got within striking distance of the all-time highs set earlier in the week.

In addition to keeping a watchful eye for southern rust and tar spot, some farmers and agronomists have been surprised to find pollination issues due to “overly tight tassel wrap.” Let us know how your corn crop is faring,

Darin Newsom, Senior market analyst for Barchart, Inc. says grains are working on a lower weekly close this week with the early pressure Friday. Funds have had no reason to buy grains he says.

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