Posted 10:29 — July corn is up 4 1/4 cents per bushel, July soybeans are up 3 1/2 cents, September KC wheat is up 9 1/2 cents, July Chicago wheat is up 12 cents and MIAX September Minneapolis wheat is up 6 1/2 cents. The Dow Jones Industrial Average is up 175.64 points. The U.S. Dollar Index is up 0.140 and July crude oil is up $0.92 per barrel. August gold is up $20.30 per ounce. Grain and soy markets, with the exception of bean oil, remain higher. Despite crude oil being modestly firmer, bean oil has reversed to trade sharply lower.
Posted 08:31 — July corn is up 4 3/4 cents per bushel, July soybeans are up 7 1/4 cents, September KC wheat is up 11 cents, July Chicago wheat is up 13 1/4 cents and MIAX September Minneapolis wheat is up 7 cents. The Dow Jones Industrial Average is up 4.67 points. The U.S. Dollar Index is up 0.090 and July crude oil is up $0.88 per barrel. August gold is down $1.40 per ounce. USDA: private exporters reported sales of 372,000 mt (13.7 mb) of soybeans to unknown destinations. Of the total, 60,000 mt (2.2 mb) is for 2025/2026, and 312,000 mt (11.5 mb) is for 2026/2027. Could part of this be China? Grain and soy markets are sharply higher to start.
Posted 11:27 — August live cattle are down $0.55 at $248.65, August feeder cattle are down $1.00 at $365.875, August lean hogs are up $1.13 at $96.175, July corn is up 4 3/4 cents per bushel and July soybean meal is down $0.20. The Dow Jones Industrial Average is up 221.32 points and the NASDAQ is up 42.45 points. No cash cattle trade has developed yet but asking prices are noted at $260 to $262 in Texas. Trade will likely be delayed until Thursday as feedlot managers are hopeful to get more money later this week.
Posted 08:36 — August live cattle are down $0.70 at $248.5, August feeder cattle are down $0.60 at $366.275, August lean hogs are steady, July corn is up 4 1/4 cents per bushel and July soybean meal is up $2.50. The Dow Jones Industrial Average is up 49.66 points and the NASDAQ is up 83.42 points. Following Tuesday’s higher run, the cattle contracts are trading in a more cautious manner, as traders hope to see some increased fundamental support. No cash cattle trade has developed yet, and no bids or asking prices have surfaced yet.
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