While the on feed numbers grew, some thought that meant fewer cattle. That is not the case, it is that there will be fewer animals for someone else to put the pounds on over the summer.
Crop Progress - 2026-05-26
Soybeans are trading with Tuesday losses of 6 to 9 cents so far at midday. The cmdtyView national average Cash Bean price is down 8 1/2 cents at $11.24 3/4. Soymeal futures are showing $1.80 to $2.50 losses,...
Corn futures are facing Tuesday pressure at midday, with contracts down 3 to 5 ¼ cents. The CmdtyView national average Cash Corn price is down 5 ¼ cents to $4.18 1/4. Export Inspections data showed...
The wheat complex is showing mixed trade on Tuesday, with the winter wheat contracts fading lower. Chicago SRW futures are trading with 8 to 9 cent losses at midday. KC HRW futures are down 3 to 4 ¼ cents....
Upcoing USDA crop progress reports, as well as a potential for a weather market scare, are key catalysts to watch this week and ahead.
Soybeans are showing 3 to 5 ½ cent lower trade so far on Tuesday morning. Crude oil is a pressure factor, down $3.85 from Friday, as the US and Iran were inching closer to a deal over the weekend, though...
Wheat is feeling pressure from oil losses early on Tuesday morning with contracts down 2 to 7 cents. Crude oil is a pressure factor, down $3.85 from Friday, as the US and Iran were inching closer to a...
Corn price action is resuming trade on Tuesday morning with losses of 4 to 5 cents. Crude oil is a pressure factor, down $3.85 from Friday, as the US and Iran were inching closer to a deal over the weekend,...