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Cattle futures led strength today amid corrective buying.

Cash cattle prices continue to retreat after historic rally.

July 2, 2025

U.S. trade partners are also scrambling for trade deals as tariff deadline nears.

Soybeans saw relative strength overnight, supported by continued strength in soyoil.

Corn futures faced followthrough selling overnight, though remaining above Tuesday’s contract lows.

Concerns about U.S. agricultural exports were a leading factor in the weaker long-term sentiment.

The bill includes several key ag provisions but still faces a difficult path as House and Senate Republicans must agree on a unified version.

July 1, 2025