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An already low spring wheat CCI rating falls even further below the five-year average
More U.S. inflation | Aggressive China | Frost/Freeze in Upper Midwest
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Grain and soy futures are sharply higher to start the week after a weekend frost. Live and feeder cattle futures are under pressure with lean hogs mixed.
Wheat inspections dropped notably from last week’s strong showing. Soybean inspections were lackluster, as expected.
Temperatures dipped below freezing over Memorial Day weekend in the Upper Midwest and Northern Plains, raising questions about slowed development and the possibility some replanting will be needed.
Frosts/freezes over the holiday weekend have grain and soy futures soaring to start the week.
Jobs report Friday may be key signal of Fed policy ahead