Spectrum Commodities Wheat & Cattle Markets Analysis

Wheat sheds strong gains to close only slightly higher; corn and beans sluggish on improving weather; solid export sales; Drought Monitor shows expanding dryness; Black Sea shipping grinding to a halt; cattle futures close higher while cash trades slightly lower for the week; boxed beef lower; solid export sales.

Soybeans and corn under pressure as rains move into eastern plains and Midwest; wheat strongly higher this morning on new Ukraine damaged a Russian grain terminal; cattle futures higher as cash continued slightly lower; boxed beef lower; very light feeder cattle trade.

Grains hold yesterday but improving short term weather adds pressure this morning; Russia closing 3 grain terminals due to war risk; European heat moving east; cattle futures bounce; cash lower; boxed beef mixed; cash feeders higher; weekly cash summary.

Grains see sharply lower trade on Iran war 'pause', weather and tariff pushback; crop conditions decline; export inspection summary; cattle sharply lower on Mexican border reopening and evidence of herd expansion; cash markets steady with last week's lower trade.

Merging both grains and cattle comments into one podcast. Grains pulled lower by Iran war stalling; weather stays hot for another few days; cattle mixed, waiting for reports; cash lower; boxed beef lower; reports give bearish slant; USDA announces phased reopening of Mexican border.

Futures reverse higher after new setting new swing lows; cash sharply lower for another week; boxed beef lower; cash feeder lower; export sales summary; reports today include monthly Cattle-on-Feed; semi-annual Inventory, and Cold Storage.

Grains rally pauses but hold most gains near 2-year highs for wheat and soybeans; spring wheat tour results; export sales summary; more tariffs coming.

Futures fall to new lows; cash under more pressure; boxed beef lower on light volume; cash feeders higher on very light volume; bullish momentum fading.

Wheat leads higher as Black Sea war affects grain exports; heat to come back to plains/west Midwest this weekend; Iran war escalation pushing energy prices higher.

Futures mixed as market waits for Friday's reports; cash quiet; boxed beef lower on good volume; cash feeders lower; Cattle-on-Feed estimates.

Wheat leading higher again as Ukraine and Russia attack vessels and ports; heat returning to plains/west Midwest by this weekend; spring wheat tour show stress to wheat and noting corn stress as well across North Dakota; Iran war pushing energies higher again.

Futures finally find some buying; cash under pressure; boxed beef higher; cash feeders lower; weekly cash summary; packer losses keep slaughter rates down; Friday data dump with Cattle-on-Feed; Semi-annual Inventory and Cold Storage.

Wheat corrects while soybeans push higher; weather concerns still the main driver even with cooler temps the next few days; crop progress and condition update; spring wheat tour begins in North Dakota.

Futures and cash continued their slide; boxed beef lower as well; cash feeders choppy/lower; Screwworm update.

Wheat leads grains higher; Russia/Ukraine war potentially disrupting grains flows out of the Black Sea; weather stays hot in central plains/western Midwest; Russian farmers concerned about fuel shortages; world FOB update.

Futures and cash continue lower; boxed beef lower; feeders lower; Mexican border discussion; export sales lower than last week.

Grain rally stalls, waiting for weekend weather forecasts and war news; Ukraine stifling Russian sea and land traffic; export sales update.

Futures continue their slide; cash sharply lower; boxed beef lower; cash feeders slip; pressure on USDA to open Mexican border.

Wheat soars higher as Ukraine and Russia bomb each other's ships and ports; Ukraine declares Force Majeure on corn exports; weather looks to cool next week but stays dry in Midwest; record crush supports soybeans.

Futures gapped lower and continued to sell off; cash weaker; boxed beef lower; cash feeders lower; weekly cash summary.

Wheat leads higher as Russia and Ukraine bomb vessels and ports; temps look to moderate in Midwest, stalling corn and soybean rally.

Futures fade after higher start; cash under pressure; boxed beef lower; cash feeders steady/higher.

Grains struggle to hold early gains; war and weather are driving forces, and both are bullish; crop condition and progress update.

Futures lower for the week; cash under pressure; boxed beef higher on Friday; cash feeders lower.

Grains show strong gains last week on weather, war and the Supply/Demand report; HEAT baking the northern plains and threatening western Midwest; world FOB update.

Futures give up Wednesday's gains; cash lower; boxed beef mixed; cash feeders higher; solid export sales.

Wheat higher while corn and soybeans settle lower; HEAT in northern plains and western Midwest to stress summer crops; European drought continues; export sales summary; Supply/Demand today.

Futures bounce after lower start; cash lower; boxed beef lower; cash feeders lower.

Corn buckles on Spain spat; Iran war on again; weather forecasts bring temps down slightly but stay dry in the Midwest; spring wheat country heading into major heat.

Futures mostly steady; cash quiet; boxed beef mixed with good volume; cash feeders lower; weekly cash summary.

Grains hold Monday's gains; talk of Chinese soy purchases and lifting of tariffs; weather to stay dry and warm in the Midwest and northern plains.

Futures traded both sides; cash steady with last week; boxed beef lower; cash feeders higher; NWS update.

Corn and soybeans soar higher on weather issues, pulling wheat higher; rumors of China buying; crop condition and progress update.

Futures lower for the week; cash weaker; boxed beef lower; cash feeders also lower; export sales show slew of late reportings.

Grains firm last week on demand rumors but sharply higher this morning as weather forecasts pull rain for next two weeks; export sales mixed.

Futures quietly lower; no cash trade; boxed beef lower; cash feeders higher; heat stressing livestock across the plains and Midwest.

Grains follow through higher after Tuesday's reversals; US to allow phosphate imports from Morocco and assist in increasing domestic fertilizer production; weather stressing crops and livestock across plains and Midwest, but temps forecast to moderate next week.

Futures mostly lower; cash quiet; boxed beef mixed; cash feeders lower.

Stocks/Plantings reports summary and market reaction; STATS Canada plantings report; weather outlook.

Futures lower; cash firm; boxed beef higher; cash feeders lower; weekly cash summary; NWS update.

Report day for stocks and plantings; grains under pressure yesterday as temps looks to moderate in the Midwest; Europe still under intense drought; US crop condition and progress update.

Futures higher for the week; cash higher; boxed beef mixed; cash feeders lower; heat to stress livestock in plains and Midwest.

Wheat and corn under pressure last week while soybeans hold steady; heat coming to US Midwest while Europe continues to bake; Stocks/Plantings reports tomorrow.

Futures gap higher but struggle to hold gains; cash trade quiet; boxed beef higher; cash feeders lower; large traders increase long positions; more discussion of Cattle-on-Feed report.

Grains move lower as market readies for major reports next week; European drought intensifying with wheat production estimates declining; Commitment-of-Trader's report shows drop in longs for corn and soybeans.

Futures lower; cash generally quiet; boxed beef mixed on light volume; cash feeders higher; solid export sales; Cattle-on-Feed viewed as bearish front months, supportive to back months.

Grains weaken as war premium declines; weather becoming a major issue for the US and Europe; solid export sales.

Futures mixed; cash quiet; choice boxed beef weaker; cash feeders lower; Cattle-on-Feed report out this afternoon.

Grains surge higher on China demand rumors; weather taking a toll on winter and summer crops as too much rain becoming a problem; markets closed Friday.

Futures stronger; cash quiet; boxed beef higher; cash feeders higher; Cattle-on-Feed estimates.

Grains pushing higher on China interest in soybeans and weather concerns mounting for summer crops; drought intensifying in Europe; El Nino shaping up to be a monster.