Corn futures pushed out to their highest levels since October on support from strong export demand and spread unwinding with the soybean market.
Retail meat prices signal beef prices are down, but that's due to a sharp drop in ground beef. Retail steak prices are up from year-ago, while pork chop and boneless, skinless chicken breast prices are lower.
Currently, grain and soybean futures are favoring a firmer tone. Cattle are stronger and hogs are weaker.
Gives 70% likelihood of 10 to 16 named storms, of which 4 to 8 could become hurricanes.
Heavy rains are currently triggering flash flooding in central and eastern Texas, and disease is increasingly a concern in winter wheat country.
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
Pro Farmer's Chip Flory and Brian Grete discuss the soymeal market for this week's Profit Briefing segment on AgDay TV.
The forecast calls for above-normal precip for most of Iowa eastward and from Nebraska southward.
Wheat ended 11 to 15 cents higher, with corn 2 to 4 cents higher. Soybeans ended 1 to 6 cents lower. Livestock futures were stronger today.
As of Monday, May 30
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