Pro Farmer
Favorable weather, trade uncertainty and weakening cash livestock fundamentals will weigh on futures to open the week.
Corn and soybeans saw followthrough gains overnight, challenging the recent downtrends.
Corn, soybeans and the winter wheat markets extended Wednesday’s strong gains during overnight trade.
Corn and bean basis remains much weaker than average.
Rumors Trump could report progress on a trade pact with China fueled strong gains in soybeans today.
Strength was featured in the ag complex today amid beneficial trade news.
Strength was seen across the grain and soy complexes today.
Cattle futures led strength today amid corrective buying.
Cash cattle prices continue to retreat after historic rally.
U.S. trade partners are also scrambling for trade deals as tariff deadline nears.