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Winter wheat futures surged to new contract highs overnight, while spring wheat sharply rebounded from last week’s losses amid tight global supplies of high-quality wheat.
Wheat futures finish strong week near multi-year highs on supply concerns, cattle near highest levels since spring 2017.
Editor Brian Grete and Davis Michaelsen discuss this week’s market action...
Market impact should be very limited and focus for cattle futures will remain on the cash market.
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Grain, soybean futures expected to start weaker amid U.S. dollar strength, Covid concerns.
Austria announces lockdown and Germany may follow, CBO estimates the BBB package would increase the deficit and USDA will release its Cattle On Feed Report this afternoon...
Grain and soy complex futures traded both sides of unchanged overnight but have softened to a weaker tone and session lows this morning amid a rise in Covid concerns.
House BBB approval is expected, but measure faces changes and uncertainty in Senate