Grain and soy futures are mildly to moderately lower to start the week. Cattle futures are under corrective pressure and lean hogs are narrowly mixed...
Corn and soybean futures are slightly higher with wheat under moderate pressure. Cattle futures are mostly higher with feeder futures mixed and choppy. Lean hog futures are off to a solid start...
The Current Conditions Index fell 10.7% in August, while the Future Expectations Index declined 4.0%. The overall ag barometer was 1.7% lower than August 2022.
Corn and soybeans posted two-sided trade overnight, while winter wheat futures were unable to build on yesterday’s corrective gains and spring wheat faced followthrough selling.
Corn and soybean futures were supported overnight by crop concerns amid expectations for a poor finish to the growing season, while wheat futures slumped.