Wheat futures are higher on concerns for winterkill. Soybeans are higher on South American concerns. Livestock futures are higher on frigid temperatures.
Winter weather urged wheat futures higher on the open as corn and soybean futures opened higher. Traders are looking ahead to tomorrow's USDA reports. Livestock futures are choppy to start the week.
Corn and soybean futures are working higher after overnight losses with wheat futures narrowly mixed. Cattle futures opened lower and lean hog futures are mildly firmer but choppy.
Soybeans are lower with corn under mild pressure to start the week. Wheat futures are higher in early trade. Price action in livestock futures is light and choppy.
Corn soybean and heat futures are under pressure on some profit taking and positioning ahead of tomorrow’s reports. Cattle and hog futures are lower as well.
Grain markets open the new year on solid upside moves. Lean hog futures followed last week’s strong finish with a gap higher and cattle futures are mildly higher.
Soybean futures are firmer to open the week. Corn and wheat are under pressure from a new strain of the coronavirus. Cattle and hogs are also under pressure on news of the new strain.
Corn and soybean futures are finding support from South American weather concerns. Wheat futures are lower on profit taking. Cattle futures are mixed with lean hogs moderately higher this morning.
