Agriculture News
Limited upside for grain markets amid favorable weather, trade uncertainty.
Corn and wheat are mildly firmer with soybean futures choppy this morning. Livestock futures are slightly softer to start the week...
Cattle futures expected to open higher, hogs lower.
Corn rebounded from fresh contract lows, while soybeans bounced from a drop below $10.
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Cut to ending stocks fails to spark corrective buying in corn, as traders remain focused on favorable weather.
Weather conditions are expected to remain favorable through at least the end of July.
Corn, soybeans and wheat traded on both sides of unchanged during the overnight session but are mildly weaker early this morning.
Cash cattle prices have retreated from recent record levels but remain at historic highs.
CPC puts nearly 90% odds of neutral conditions lasting through August and 56% chances they will persist until October.