Brian Grete

Wheat futures led a round of corrective buying in the grain markets during overnight trade.
Cash hog prices gained strength in the seasonal rebound.
Fed fund futures continued to reflect the greatest odds for a Fed rate cut starting in June, with three or perhaps four reductions by year-end.
Tuesday’s corrective buying in the grain and soy markets dried up overnight, as corn, soybeans and wheat faced price pressure.
Corn, soybeans and wheat are favoring the upside to start the week. Cattle futures are choppy with lean hogs pointed higher...
Soybeans built on last Friday’s gains during overnight trade, while corn and wheat followed to the upside amid corrective buying.
Corn and soybeans posted corrective gains overnight, while wheat faced followthrough selling.
The extended forecast suggests spring planting should advance rather rapidly and favors early crop development.
The initial projections are based on the January WASDE Report. These are USDA’s current best guesstimates. A lot can (and will) change.
Corn, soybeans and wheat extended Wednesday’s losses during the overnight session.