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The improvement for wheat may be short-lived as prices are under pressure to open the week.

President Trump delayed planned 50% tariffs on the EU to July 9.

Grain traders mostly focused on weather, but trade happenings remain on the radar.

May 1 feedlot inventory declined 1.5% from year-ago, as expected.

Part of the increase in pork stocks tied to a big downward revision to March inventories.

President Trump threatens ‘straight 50% tariff’ on EU goods

Cattle and wheat saw relative strength today despite the weakness seen in the general marketplace.

Soybeans saw relative weakness today, pulling corn lower.

Cattle futures ended the day near unchanged despite weakness across the overall marketplace.