News
Corn, soybeans and wheat are under pressure to start the week. Livestock futures are mildly higher this morning...
Soybeans saw strength to start the overnight session but have since faded lower.
Short-term trend remains bearish for corn.
Corn, soybeans and wheat mostly favored the downside during the overnight session.
June Rural Mainstreet Index moves above growth neutral.
Underlying data continues to paint a bullish supply picture for cattle market.
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Just days after Immigration and Customs Enforcement (ICE) briefly paused most “enforcement investigations/operations on agriculture… restaurants and operating hotels,” the administration reversed course.
Corn and soybeans favored the upside overnight, which wheat saw profit-taking following Wednesday’s big push higher.