After the Bell
After the Bell | August 30, 2021 Grain, soybean futures end lower amid Midwest rains, broad ag market weakness.
After the Bell | August 27, 2021 Soybean futures fall on Midwest rains but still post gain on week, corn higher, winter wheat lower.
After the Bell | August 26, 2021 Wheat futures gain amid concern over shrinking global supplies, corn, soybeans mostly lower after Midwest rains.
After the Bell | August 25, 2021 Grain futures trade mixed, hogs firmer, with eyes on USDA’s weekly export update.
After the Bell | August 24, 2021 Soybeans rally as Chinese purchase stokes export optimism, corn up after USDA ratings drop.
After the Bell | August 23, 2021 Soybean, wheat futures gain on technical bounce, oil rally, nearby live cattle reach 17-month high.
Corn, soybean and wheat futures ended the week in a disappointing fashion, while lean hogs and especially feeder cattle futures roared higher.
Disinflationary pressures along with big Corn Belt rains undercut the crop markets Thursday. Worries that wholesale meat prices are set to decline seasonally depressed the livestock markets.
Forecast rains over much of the Midwest seemed to sink soybean futures, whereas corn and wheat seemed to be competing for 2021-22 acreage. Beef values challenged the June high and seemingly boosting livestock prices.
Big wheat losses weighed on corn and soybeans Tuesday, eventually reversing early bean gains tied to announced daily sales. Livestock futures set back on concerns about wholesale strength translating to cash markets.