After the Bell
This afternoon report recaps the day’s price moves with quick-hitting market summaries for corn, soybeans, wheat, cotton, cattle & hogs.
Soybeans and wheat led the grain and soy complexes lower, while hog futures closed sharply lower amid cash market pessimism.
Corn and wheat posted mild corrective gains, while soybeans extended lower amid heavy selling in soyoil.
Broad-based selling was featured across the grain and soy complexes to begin the week as mostly favorable U.S. weather conditions bode well for production prospects.
Corn, soybeans and wheat each posted strong gains to end the week while livestock markets ended the day mixed in light volume trade.
The livestock markets rebounded from Monday’s losses today. Corn and soybeans saw modest gains but closed off session highs. Wheat and cotton continue to face selling pressure.