News
Chip Flory and Jim Wiesemeyer discuss the infrastructure bill and other policy matters pertinent to agriculture.
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
Quiet Consolidation After Volatile Price Week in Grains, Soybeans
Andrey Sizov, head of SovEcon, says, “Spring weather conditions were favorable for the new winter wheat crop. However, there is a big question mark over the spring wheat crop now.”