Your Pro Farmer newsletter (May 23, 2026) is now available

Grain futures popped higher to begin the week, with bulls cheered by a White House fact sheet that said China committed to $17 billion in ag purchases per year on top of previous soybean commitments. Beijing offered neither follow-through buying interest nor affirmation of the figures, leaving markets to consolidate amid a lack of fresh bullish news. Corn and soybean planting is in the final stretch but likely slowed due to rainfall in the southern Corn Belt. HRW wheat conditions showed further deterioration. Cattle futures came under pressure after Cargill locked out workers at a Colorado plant and traders braced for a Cattle on Feed report. Feeders fell the daily limit Thursday on a round of mass long liquidation, while hogs slumped to another multi-month low. We cover all of this and more and this week’s newsletter.