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Big weekly increase in cash wheat prices.

Wheat basis held relatively steady despite the big jump in cash prices.

Frozen beef stocks declined more than average during March, signaling demand remains strong. Pork inventories built contra-seasonally last month.

USDA’s Animal and Plant Health Inspection Service (APHIS) will require testing for the H5N1 virus in dairy cattle crossing state lines. Any detection of the disease must also be reported.

After the Bell | April 24, 2024

USDA rule on nutritional standards in school meals; first-ever limits on added sugars in school meals

Corn, soybeans and wheat each traded in tight ranges overnight considering the recent volatility.

Grain futures mildly pulled back from recent corrective gains during the overnight session.