Soybeans and corn are under pressure to open the week, while wheat is firmer.
USDA showed Oct. 1 Cattle on Feed in large (1,000+ head) feedlots population up 0.6% above year-ago, easily topping industry expectations.
After the Bell | October 20, 2023
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After the Bell | October 19, 2023 The rally in soymeal continued and led soybeans higher into the close, while nearby corn closed above $5.00 for the first time since early August.
Big weekly jump in cash soymeal prices.
After the Bell | October 18, 2023 Soymeal strength lifted soybean futures, while increasing signs the wheat complex has carved interim lows spurred buying in grains.
After the Bell | October 17, 2023 Followthrough soymeal gains led soybeans higher, while hedge pressure and a general risk-off tone hovered over grains.
After the Bell | October 16, 2023 Huge soybean inspections, record September NOPA crush and fading soyoil stocks pulled the soy complex higher, while corn and wheat futures succumbed to mild pressure.
Iowa has entered the legal fray by challenging a recently enacted Massachusetts law that prohibits the sale of pork not meeting specific hog-confinement standards, according to the Iowa Capital Dispatch.

Pro Farmer Editors