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Brad Kooima, Kooima Kooima Varilek, says cattle are trading more H5N1 headlines and disregarding higher cash, hogs are following. Grains are adding weather premium, but he cautions weather rallies are fleeting.

Livestock futures were on a rollercoaster last week, will we see more of the same or will prices start to settle into a range? Watch us on RFD-TV, today at 9:45am CT!

Grain markets had an impressive finish to last week’s trade but are pulling back in the overnight and early morning trade. A healthy correction for buyers to step in, or more pressure to come?

Don Roose, U.S. Commodities, says grain markets are trading weather and have had some chart breakouts. That could keep funds buying but only if weather continues to be bullish.

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Corn, soybean and soybean meal futures posted higher weekly closes, but it’s hard to predict how far the grain markets could rally, says Jerry Gulke. “Now it becomes more of an art than a science,” he adds.

The outbreak of the HPAI H5N1 virus in dairy has sent cattle prices on a rollercoaster ride. The market digested both good and bad news this week, but one analyst cautions volatility will continue into summer.

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

Grains ended higher on Friday with chart breakouts on weather and crop concerns, plus fund short covering. Cattle mixed, hogs. lower.