Crops Analysis | April 15, 2024

Livestock Analysis | April 15, 2024

Market Snapshot | April 15, 2024

Wheat inspections for the week ended April 11 were up 34,000 MT from the previous week and above the expected pre-report range. Corn and soybean inspections were each lower on the week, but within expectations.

Grain futures are under pressure to open the week. Cattle futures are sharply higher amid corrective buying.

Biden advises restraint to Israel amid calls for calm as market nerves ease

Corn, soybeans and wheat each favored the downside overnight though showed increased buying interest into the break.

Short-term trend turns bearish for soybeans and soyoil.

Corn, soybeans and wheat mildly favored the downside in relatively quiet overnight price action.

Vilsack to make several appearances this week