News
Corn and soybean futures open the week under moderate pressure as wheat futures firm. Live and feeder cattle are mildly higher this morning with hog futures choppy to start the week...
Four of 10 Bankers Expect Negatives from Tariffs
Cash cattle averaged the second highest price on record last week.
Only 9% of corn area and 7% of beans is covered by drought.
Above-normal rainfall is expected in the far eastsern Corn Belt, Delta and Southeast through October.
SRW and HRW basis improved despite ongoing harvest.
Weekly export sales were light, especially for old-crop corn.
Corn and soybeans pulled back from recent gains overnight, while wheat also weakened.
Brazilian meatpackers reconsider U.S. beef shipments amid tariffs.
Forecasts now signal hotter and drier conditions for late in the weekend and early next week.