Pro Farmer MAX
Corn, soybeans and wheat posted strong gains at some point in today’s session, though each settled well off intraday highs.
Cattle futures surged higher today on reports of stronger cash cattle trade.
Corn, soybeans and wheat are each favoring the upside, though gains have been modest.
Cattle futures showed impressive strength today, bolstered by continued strength in the cash cattle market.
Corn futures led strength across the grain and soy complex today.
Soybeans are leading strength ahead of today’s USDA reports.
Cattle futures favored the upside today for the most part, while seasonal weakness in hogs weighed on lean hog futures.
Corn, soybeans and wheat saw varied price action today, with corn leading the way to the upside and soybeans seeing relative weakness.
After a strong open across the grain and soy complex, technical headwinds have limited gains.