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Friday Wrap Up | April 22, 2022

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

March placements easily top expectations

USDA's Cattle on Feed Report is bearish, as the April 1 feedlot inventory and March placements both topped the highest pre-report estimates.

Meat
Record March beef stocks

USDA’s Cold Storage Report showed increases in both beef and pork stocks at the end of March, whereas both typically decline during the month.

USDA Announces 1,347,000 MT of Corn for Delivery to China

Treasury Secretary Yellen discusses logistics and need for food, fertilizer aid for some nations

Russia Sends Wheat to Cuba | April 22, 2022

Senator Grassley says cattle market transparency hearing a 'formality,' sentiments on China's assets sour and USDA will release its Cattle on Feed and Cold Storage reports today...

Ahead of the Open | April 22, 2022

Nearby soybeans expected higher after reaching two-month high overnight; corn and wheat also higher.

First Thing Today | April 22, 2022

Chinese central bank governor stresses price stability