Livestock Analysis | September 16, 2021
Lean hog futures end sharply higher behind pork cutout strength, cattle futures end lower.
Crops Analysis | September 16, 2021
Soybeans, wheat end higher on strong USDA export report, corn settles lower.
Warm, dry outlook concerning for winter wheat producers. Dryness expands in southern and eastern areas of the Midwest as growing season wanes. Grain union boosts Russian wheat crop estimate on improving yields.
Cash spring wheat prices continue to climb.
Ahead of the Open | September 16, 2021
Corn futures mixed-weaker after export sales disappoint, soybeans firmer, wheat lower.
After the Bell | September 15, 2021
Corn, soybean futures post highest closes in over two weeks, wheat futures also higher.
Unexpected rise in NOPA’s August crush. China scrambling to cover near-term soybean needs. Russian winter wheat acres expected to dip vs. last year’s record.
Livestock Analysis | September 15, 2021
Hog futures rebound from six-month lows as pork cutout prices climb, cattle futures mostly lower.