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Livestock Analysis

APHIS to hold briefing update later this afternoon

Market Snapshot

Weekly soybean inspections during the week ended Nov. 21 fell 164,413 MT from the previous week but were still notable at 2.1 MMT. Meanwhile, corn and wheat inspections each rose on the week.

Some ag groups fret over choice, but sources give her high marks

Soybeans are higher with corn and wheat futures under pressure to start the week. Cattle futures are sharply higher and lean hog futures are mildly weaker...

Trump wants to move fast on energy reforms and 100-day tax cuts, other action via budget reconciliation

Technical selling pressure was featured in the wheat market overnight, pulling corn lower as well. Soybeans saw relative strength, though went into the break well off session highs.

Short-term trend turns bullish for feeder cattle.

Corn and wheat faced followthrough selling overnight, while the soybean market extended last Friday’s corrective gains.