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Spring wheat futures continue to climb, soybeans are sharply higher as well with corn futures mildly higher. Cattle futures are mixed and mostly weaker as hog futures firm.

Ahead of the Open | June 28, 2021 Grain, soybean futures seen firmer as trade eyes Midwest weather, USDA acreage report.

It was a wet weekend for the Midwest, but a dry, warm forecast for the Upper Midwest with heat moving into the Northern Plains keep weather concerns close at hand.

A quick recap of today’s market action and a look at what’s ahead.

Prices are expected to rise for all three categories by more than their 20-year average.

Inside you’ll find weather updates, both sides of the livestock pricing issue, an update on an infrastructure deal and market-by-market analysis and marketing advice.

Corn pressured by weather, spring wheat supported by crop concerns. Hogs due for a corrective bounce, though that may be difficult to muster.

Heavy rain and storms are on tap for southern and eastern areas of the Midwest. The infrastructure agreement faces some high hurdles reaching the finish line. USDA’s monthly Cattle on Feed Report is out this afternoon.

After the Bell | June 24, 2021 Widespread Midwest rains keep corn, soybean futures under pressure, hog futures still in free-fall.

The measure includes $579 billion in new spending on infrastructure, for a total price tag of $1.2 trillion over eight years.