Wheat and corn are under pressure to open the week, while soybeans are mildly firmer coming out of the holiday weekend.
President Trump delayed planned 50% tariffs on the EU to July 9.
May 1 feedlot inventory declined 1.5% from year-ago, as expected.
Part of the increase in pork stocks tied to a big downward revision to March inventories.
President Trump threatens ‘straight 50% tariff’ on EU goods
Cattle and wheat saw relative strength today despite the weakness seen in the general marketplace.
Soybeans saw relative weakness today, pulling corn lower.

Pro Farmer Editors