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Grain and soy markets faced heavy selling tied to improved peace talks between Russia and Ukraine. Hogs futures also faded on that news, while cattle firmed amid the sharp pressure on corn.
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Grain and soy complex futures are under heavy pressure to start the week. Cattle and futures are under modest pressure as lean hogs op
Grain and soy futures will face heavy pressure this morning. Cattle futures are also expected to trade lower, while hogs may see followthrough strength on the open.
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Wheat futures led overnight price declines. Despite the heavy pressure, wheat and corn futures remained within their recent sideways trading ranges, while soybeans stayed within their choppy to higher range.
Key USDA reports this week: Hogs & Pigs report, Prospective Plantings, Grain Stocks
Wheat futures end week on firm note; corn and soybean futures higher with critical USDA acreage report ahead.