Dr. Michael Cordonnier says rain helped to maintain good soil moisture last week, mitigating some of the potential harmful impacts of high temps.
Soybeans and corn were pressured by forecasts calling for non-threatening weather into early August. Wheat futures were supported by European crop woes. Cattle futures surged on short-covering after last Friday’s mildly friendly Cattle on Feed Report.
Report showed On Feed at 101%, Placements at 103% and Marketings at 109% of year-ago.
Corn ended marginally to 1 cent higher, but soybeans were 20-plus cents lower. Wheat closed 7 to 12 cents higher. Livestock futures were higher.
Corn is 2 to 3 cents lower, with soybeans 30-plus cents lower in mid-morning trade. Wheat has firmed. Cattle futures are firmer and hogs are mixed.
Corn is 1 cent lower and soybeans are 5 to 7 cents higher. Wheat is mostly 4 to 5 cents higher. Livestock futures are lower.
Corn ended mostly around 4 cents lower, with soybeans down 17 to 19 cents. Wheat ended 3 to 6 cents lower. Cattle ended lower and hogs closed mixed.
Corn ended 4 to 6 cents higher, soybeans were up 5 to 10 cents and wheat ended 4 to 6 cents higher. Cattle closed firmer and hogs were lower.
Corn ended the day 5 to 7 cents lower, with soybeans down 5 to 11 cents. Wheat ended2 to 9 cents lower. Livestock futures were also lower.
As of Tuesday, July 26
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