News
Corn and soybean futures are mixed with wheat under pressure to start the week. Fat cattle futures are mildly higher with feeders and lean hogs under light pressure.
OMB completes review of final rule from USDA covering pandemic assistance programs
Short-term trends are bullish for grain and soy futures.
Grains are expected to open mixed following the extended holiday weekend as traders sort out South American weather, outside markets and China’s surging Covid cases.
Grain and livestock markets will reopen at 8:30 a.m. CT following the extended holiday weekend. Outside markets were price-negative, with crude oil weaker and the U.S. dollar sharply higher overnight.
Jobs report | FOMC minutes | FAO food price index | WOTUS rule reaction
Expected pushback from farmers, others
Markets and government offices will be closed Monday, some EV imports will qualify for tax credits and da Silva appoints new Brazilian Ag Minister...
Biden signs $1.7 trillion bill funding gov’t operations, including ag disaster aid