Brian Grete

Corn, soybeans and wheat open the week under pressure. Cattle futures are sharply higher with hogs mildly higher...
No overnight grain trade. Grain and livestock markets will resume trading at 8:30 a.m. CT.
Wheat basis and cash prices firmed over the past week.
Traders expected a 0.5% decline in the Dec. 1 hog inventory.
Placements declined less than expected, while marketings fell more than anticipated.
The increase in beef stocks was about average during November.
Corn, soybeans and wheat modestly favored the upside, while holding in tight trading ranges during a quiet overnight session.
Pork export sales for 2023 and 2024 were strong and weekly shipments were a high for the year.
Corn, soybeans and wheat traded in narrow ranges during the overnight session.
Basis firmed for soybeans and is now positive.