News
Bill Watts and Hillari Mason discuss the summer rally in grains, weather, war premiums and fund-driven volatility; Spencer Langford breaks down Friday’s USDA cattle data dump and the decision to begin a phased reopening of the southern U.S. border to Mexican cattle imports.
Corn and soybeans saw sharp losses overnight, continuing the string of big daily price swings.
Grain and oilseed futures dragged down by steep slide in oil prices...
USDA announces phased reopening of U.S. southern border to cattle trade
Long-awaited decision may remove a layer of uncertainty hanging over cattle market
The report also showed a record-low calf crop estimate for 2026
Selling efforts surged around 6:00 a.m. CT this morning across the grain and soy complex this morning.
High heat expanding into Corn Belt in coming days
Hotter, drier weather was not as friendly to the Midwest
December corn pushed to a fresh for-the-move high while wheat saw some profit-taking following yesterday’s explosive push higher.
Crude oil prices rally to two-month highs
Here’s what to watch when USDA rolls out data on cattle inventories, cattle on feed, and cold storage.
Appraisal update finds slight upward bias in values, except in Iowa.
Corn basis levels largely strengthened across Eastern Corn Belt since mid-June
Buyers returned to the grain and oilseed complex overnight, pushing corn to fresh highs.
Bullish charts, weather risks are driving grain futures markets rallies