Cattle markets fail to hold opening surge

It’s a bit of a mixed bag in the early morning trade with corn and wheat lower and beans hanging on to small gains. Here’s what’s on tap for today’s trade. Watch us on RFD-TV, today at 9:45am CT!

It was an eventful morning, particularly in the cattle complex with a big gap higher, but the market settled down shortly after the open with some contracts closing lower on the day. Grain markets were mostly mixed.

Crop Progress - 2024-11-25

A run down of what is happening in the three sectors of corn demand around the world and why it matters.

The soybean market is trading with midday gains of 1 to 2 cents so far on Monday. CmdtyView’s national front month Cash Bean price was up 1 1/2 cents at $9.34 1/2. Soymeal futures are up $2.80/ton on the day. Soy Oil futures are down 68 points so far on...

Corn is showing a slightly lower trade to start the short week, with contracts down 1 to 3 cents across most months. The national average Cash Corn price from cmdtyView is down 1 1/2 cents at $4.01 per bu. USDA reported a private export sale of 454,090 MT of corn...

Wheat is trading with weakness at Monday’s midday, as contracts are down across the three markets. Chicago SRW futures are down 12 to 13 cents across the nearbys on the day. KC HRW contracts are posting 10 to 11 cent losses across most front months. MPLS spring wheat is down...

Low-Cost Options, With Limited Risk

Cattle futures gap higher in Monday’s trade on the back of concern regarding beef imports from Mexico

It’s a bit of a mixed bag in the early morning trade with corn and wheat lower and beans hanging on to small gains. Here’s what’s on tap for today’s trade. Watch us on RFD-TV, today at 9:45am CT!

The soybean market is posting 4 to 5 cent gains so far on Monday morning. Soybeans were pressured for much of the week with weaker product values, but managed to close Friday with gains of 1 ¼ to 7 cents. January was still down 15 cents since last Friday’s close....