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Grains continue to see pressure after the WASDE report, while livestock are higher.
The weather market is coming a bit later than normal in the row crops this season.
Grains under pressure from a change in weather forecasts, macroeconomic concerns, and report positioning, with livestock mixed.
Row crops and cattle traded weather on Monday, while wheat and hogs were hit by the higher dollar.
Hedge funds bailed from commodities the last few weeks on recessionary concerns. So did that put the high in for the year in grains?
Row crop markets continue to rally on weather forecasts. However, wheat has set back with the sharply higher dollar and livestock have turned mixed.
Grains continue to rally putting in weather premium and ahead of USDA Reports.
Markets open higher Monday except cattle. Michelle Rook has analysis with Tomm Pfitzenmaier of Summit Commodity Brokerage.
Grains were higher on Friday, hogs mixed, while cattle saw losses.
Grain futures continue to rally putting in weather premium, with livestock pricing in higher grains and consolidating.