Pro Farmer
Oil prices extended Monday’s sharp retreat as fears of supply disruptions from the Middle East conflict eased.
Corn, soybeans and wheat are under pressure to start the week. Livestock futures are mildly higher this morning...
Soybeans saw strength to start the overnight session but have since faded lower.
Short-term trend remains bearish for corn.
Corn, soybeans and wheat mostly favored the downside during the overnight session.
June Rural Mainstreet Index moves above growth neutral.
Underlying data continues to paint a bullish supply picture for cattle market.
A lot of court activity on biofuels, tariffs and EV mandates to close out the week.