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Sulfur prices have surged more than fivefold, threatening phosphate fertilizer production. With global supply tightening, farmers could face higher prices, or even fertilizer shortages, heading into the months ahead.
Cattle futures surge amid impressive gains in cash.
Reports of peace talks in the Black Sea undercut wheat futures mid-morning.
Hogs succumb to seasonal weakness.
Corn futures struggle to hang on to early gains as wheat futures slump.
Bill Watts, Lane Akre and Spencer Langford break down USDA’s September Crop Production and WASDE Reports and what they mean for markets as harvest season gets under way.