Grain space quiet as Pro-Farmer tour wraps up Midwest scouting; export sales holding strong; dry weather creating concerns on winter wheat plantings in the US and EU; cattle futures mixed while cash slips further; boxed beef lower; cash feeders mixed; US announces an increase in beef imports for 90 days; Cattle-on-Feed estimates.
Grain space bounces back on Pro-Farmer yield estimates; ongoing Black Sea war and a weaker dollar from inflation worries; cattle move lower on both futures and cash; boxed beef mixed on light volume; cash feeders lower; Cattle-on-Feed estimates.
Grains give up early gains on sliding bean oil; China buys more US soybeans; wars updates; Pro-Farmer tour continues to see disappointing yields; cattle futures mixed; cash quiet; boxed beef surges again on good volume; cash feeders continue lower.
Soybeans lead grain space higher on record crush; crop conditions decline for corn and beans; crop tours finding lower yields for corn; Russian farmers facing financial disaster as exports collapse; cattle futures mixed; cash lower but boxed beef sharply higher; cash feeder volume increasing but prices slip; weekly cash cattle and beef prices summary.
Grain space pushed higher last week, led by wheat; Black Sea grain export capacity about half of normal; major rain and flooding in Midwest stressing corn crop; Pro-Farmer crop tour begins today; cattle futures under pressure; cash cattle weaker; boxed beef mixed; cash feeders slip.
Wheat choppy on conflicting Black Sea reports; corn slip on reports of record South American production, well above USDA's estimates; export sales summary; weather still stressing US crops; cattle futures under more pressure; cash weakening; boxed beef mixed; cash feeders lower; solid beef export sales; beef S&D summary.
Grains futures mixed on improving weather; wheat and corn importers avoiding Black Sea sourcing; private yield estimates coming in for corn and beans; Supply/Demand next Wednesday expected to create volatility; cattle futures and cash higher; boxed beef mixed on light volume; cash feeders lower.
Grain complex retreats on weaker energies; yield estimates starting to come in; EU drought impact estimates; despite shipping woes, Black Sea wheat FOB still the lowest; weather improves for Midwest crops; cattle futures higher with stronger cash; boxed beef and cash feeders stronger as well.