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Bill Watts and Spencer Langford break down Friday’s Cattle on Feed report; Hillari Mason explains what’s driving ethanol demand.
Corn, soybeans and wheat gapped lower to start the overnight session but did see some strength going into the break.
Crude oil sells off as U.S.-Iran peace talks reportedly make some progress
Cattle on feed and placements rise more than expected
The $270 Statewide Average Is Down $9 from the 2023 and 2024 High.
Minneapolis Federal Reserve Bank Notes Decline in Farm Incomes in Q1
Rural Mainstreet Index Falls Below Growth Neutral for Fourth Straight Month

Commodity markets are waiting for one key answer: Does the U.S. really have a deal with China? With only a $17 billion figure and few details, traders want proof through tariffs, export sales and purchases.
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