USDA’s Animal and Plant Health Inspection Service (APHIS) will require testing for the H5N1 virus in dairy cattle crossing state lines. Any detection of the disease must also be reported.
Corn, soybeans and wheat favored the upside in early overnight trade, though sellers emerged early this morning, bringing corn and soybeans below yesterday’s close.
Corn and soybean futures are under light pressure as wheat futures firm. Fat cattle are higher with feeder futures lower. Lean hogs are posting sharp early gains...
Corn and soybeans favored the downside overnight, though buying activity increased into the break. Wheat favored the upside and went into the break near session highs.
Winter wheat markets built on Friday’s corrective gains during overnight trade, while corn, soybeans and spring wheat struggled to find followthrough buying.