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The grain and cotton markets paused in the wake of last week’s big gains, while soybeans were supported by another daily export sales announcement. Livestock futures seemed to garner strength from discounts to cash
Pelosi takes step to quell moderates’ budget rebellion
Biden and Pelosi must deal with centrists and far-left Democrats
Davis Michaelsen and Editor Brian Grete discuss this week’s market action.
The soy and wheat complexes, as well as cotton futures, finished the week on a strong note in the wake of Thursday’s supportive USDA reports. The corn and livestock markets struggled.
Because USDA no longer collects objective yield samples in August, this will be the industry’s first broad look at field data from across the Corn Belt.
While we’re scouting fields across the Corn Belt Aug. 16-19 on the Pro Farmer Crop Tour, you can scout your own fields.
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Ahead of the Open | August 13, 2021 Wheat futures reach contract highs after USDA cuts global supply outlook, corn, soybeans higher.