Hogs saw modest strength today while the cattle markets saw corrective selling.
Weakness in corn futures undercut the soybean and wheat markets today.
Corn prices post notable weekly gains.
CPC forecasts 59% odds of La Niña by January and more than 70% by February.
Corn and soybean basis remains slightly below average.
Top stories for Dec. 11, 2024
Cattle futures led strength today while uncertainty was featured across the grain and soy complex.
Corn, soybeans and wheat posted strong gains at some point in today’s session, though each settled well off intraday highs.
Cattle futures surged higher today on reports of stronger cash cattle trade.
Top stories for Dec. 10, 2024

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