Spectrum Commodities Wheat & Cattle Markets Analysis

Grains choppy, waiting for today's Stocks/Small Grain Summary reports; rumors of China soybean demand; weather looks to improve for US harvest; US winter wheat plantings expected to increase; better rains headed to South America and east Australia; cattle futures mixed; cash steady with last week; boxed beef higher; cash feeders higher.

Grains take a hit on China tariff disappointment; markets now wait for Wednesday's Small Grain Summary/Quarterly Stocks reports; rains becoming excessive in plains/Midwest; cattle futures lower; cash cattle slips; boxed beef higher; cash feeders lower; weekly cash cattle and beef price summary; Cold Storage report summary; ICE raid on KS packing plant slows production.

Grains claw back early Friday losses only to lose them in early Monday trade; US/China summit didn't offer major news for Ag markets; good rains for winter wheat plantings; Small Grain Summary/Quarterly Stocks report on Wednesday; weekly FOB grain summary; cattle futures mixed on Friday but higher for the week; cash slightly lower; boxed beef higher while cash feeders push higher.

Grains under pressure this morning from reports of Ukraine and Russia agreeing to hold meetings; Iran considering phased re-opening of Hormuz; no major announcements from US/China summit; grain export sales disappointing; cattle futures lower; cash steady/higher; boxed beef slightly lower; cash feeders higher; beef export sales on the light side.

Grains slip on chatter of diesel, fertilizer and beef export bans - which have been denied; soaking rains and high base insurance rates create big incentives for more winter wheat plantings; US/China agree to extend trade truce for two months; cattle futures bounce back; cash steady; boxed beef lower on light volume; cash feeders lower; another border crossing to open today.

Grains slip on chatter US could reduce/ban diesel exports; welcome rains coming to US winter wheat regions; un-welcome rains to slow Midwest harvest; east Australia facing dry outlook, still dry in west Europe; Russia converting Baltic ports to handle grain exports but at much higher costs; cattle futures lower on lack of follow-through from Monday's sharply higher trade; light cash trade at steady prices; boxed beef higher; cash feeders lower.

Grains strongly higher on Chinese trade optimism, corn yields disappointing so far; weather concerns mounting for Southern Hemisphere's crops; cattle futures sharply higher on bullish Cattle-on-Feed report; cash steady; boxed beef stronger; cash feeders lower; weekly cash summary.

Grains higher last week and see a firm start this week on China trade optimism; war creating extensive damage to Black Sea export infrastructure; improving weather conditions for US winter wheat planting; still dry in Europe; hot and dry conditions headed to eastern Australia; world FOB update; cattle futures and cash weaker last week; boxed beef mixed on Friday; Cattle-on-Feed report showed sharp drop in placements.

Grains space weaker; rumors of Black Sea grain corridor but no results; solid export sales; rains headed for parched US plains; Russian winter wheat planting facing dryness in southern region; USDA increases base acres; cattle futures lower again; cash slightly lower; boxed beef lower; cash feeders higher.

Grains mixed in quiet trade; rains delay Midwest harvest, supporting basis; early corn yields less than expected, soybeans close to pre-harvest estimates; rains forecast for central/southern plains; Russia damages key Ukraine railroad bridge; cattle futures weaker again; cash and boxed beef slightly lower; cash feeders higher; Cattle-on-Feed estimates.

Soybeans lead grains space higher; US/China summit anticipation; Brazil production estimates; NOPA crush report; Black Sea grain exports running out of time; cattle futures pull back; cash cattle quiet; boxed beef firm; cash feeders slip.

Grains mixed yesterday; Ukraine and Russia appear to not have an agreement to avoid hitting energy facilities; crop progress; rains to delay harvest; still hot and dry in southern plains; fuel price surcharges pressuring basis; cattle futures strongly higher; cash higher; boxed beef mixed on good volume; cash feeders higher; USDA's estimate of beef imports; weekly cash summary.

Supply/Demand report summary; export sales; technical review of grain markets; cattle futures performing well; cash steady/higher; boxed beef mixed and cash feeders higher.

Soybeans lead grains higher; Supply/Demand report today; South American production estimates; weather conditions look to improve; cattle futures higher while cash stays quiet; boxed beef lower; cash feeders higher.

Grain space lower on wheat selling; markets waiting for Friday's Supply/Demand report; South American production estimates rising for old and new crop; STATS Canada stocks update; weather outlook; cattle futures mixed as cash trade stays quiet; boxed beef mixed on good volume; very light cash feeder volume.

Wheat leads grains space higher on lack of progress with peace talks; crop progress update; export inspections; cattle futures higher; cash quiet; boxed beef mixed; cash feeders lower; weekly cash summary; pasture condition update.

Wheat ran into profit taking last week; weekend Ukraine/Russia truce talks failed; shipping costs soaring for Russia; markets waiting for Friday's Supply/Demand report; Commitment-of-Traders report showed huge buying in grains space; cattle futures mixed for the week; cash steady; boxed beef mixed; cash feeders higher.

Grains open sharply lower on Black Sea export hopes, but regain much of the losses; solid export sales; Southern Hemisphere wheat prospects look good so far; cattle futures higher; cash steady; boxed beef lower; cash feeders mixed.

Grains under pressure after Putin suggests peace is possible; weather improving for Midwest but stays hot and dry for the plains; cattle futures lower; cash steady/lower; boxed beef under pressure with light volume; cash feeders mixed.

Soybeans lead grain space strongly higher; Russia declines offer for trade corridor; Australia raising wheat production estimate; cattle futures weaker; cash steady/higher; boxed beef higher; cash feeders higher.

Wheat regains some losses after early pressure; Russia being pressured to agree on a grain corridor; Australia increases wheat production estimates; EPA rules on SRE; soybean conditions decline; Brazil planting season fully underway; cattle futures higher; cash steady with last week; boxed beef lower on huge volume; cash feeders lower for 13th day; weekly cash summary.

Grains surged higher last week on weather and wars; Black Sea grain exports less than half of normal; Turkey urging Russia to accept transportation truce; Iran war escalating again; hot and dry weather returning to US crop areas further threatening yields; cattle futures lower on weaker cash; boxed beef mixed; cash feeders lower.

Grains push into new multi-year highs on war, weather and solid export demand; cattle futures higher while cash stays under pressure; boxed beef lower and cash feeders get a bounce.

Grains push sharply higher, led by wheat as Russia declines a transportation truce and says that port repairs could take months; funds sharply increasing grain buying; China looks to buy South American soymeal; French wheat exports to decline as more will be fed domestically; cattle futures slightly lower as cash stays weak and boxed beef slides; cash feeders lower again.

Grains push higher, nearing major resistance; China excluded from Iran sanction threats; wars update; Brazil planting estimates; southern plains dryness threatens winter wheat plantings; cattle futures lower on sharply lower cash; boxed beef higher while cash feeders continue lower.

Grain space struggles to hold early gains; Ukraine/Russia trying to find shipping truce; crop condition update; China pushing back on US threats over Iran trade; cattle futures lower; cash steady with last week; boxed beef steady/higher; cash feeders lower.

Corn prices get a boost from Pro-Farmer yield estimates; Black Sea war doing extensive damage to export capacity; China buys more soybeans; grains in a strong bullish outlook; cattle rebound from weak opening after US announces more beef imports; cash weaker; boxed beef lower on light volume; cash feeders lower; Cattle-on-Feed shows placements much lower than expected.

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.

Supply/Demand summary; report bullish corn; wheat surged higher on Russian port shutdown; Russia hits Ukraine Danube port; cattle futures under pressure; cash fed cattle steady while dressed trade moved higher; boxed beef quietly higher; cash feeders higher.

Wheat under pressure from rumor of Ukraine/Russia moratorium; today wheat strongly higher as Ukraine hits key Russian grain export terminals; Black Sea grain exports rapidly declining; Supply/Demand report today hints at a volatile price reaction; cattle futures mixed; cash fed steady; boxed beef quietly lower on good volume; cash feeders lower; weekly cash cattle and beef summary.

Grains trading mixed, waiting for major Supply/Demand report tomorrow; Black Sea maritime transport update; crop condition and progress update; cattle futures mixed; cash steady; choice boxed beef surges higher; cash feeders lower.

Wheat leading grains higher; markets waiting for Wednesday's Supply/Demand report; Black Sea exports largely halted; cattle futures follow cash higher; boxed beef firm while cash feeders push higher.

Grains mixed as wheat struggles against cheap Black Sea offers; export sales summary; cattle futures weaker; cash cattle firm; boxed beef mixed; cash feeders stronger.

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.

Grains reversed higher, led by wheat on further damage to Black Sea export capacity; corn conditions decline while soybeans were steady; China buys more US soybeans; cattle futures reverse lower; cash steady/higher; boxed beef mixed while cash feeders improve.

Grains continue to slide on improving weather; China buys 1 MMT US soybeans; Russia takes out key Ukrainian railroad bridge; EU drought moves east; cattle futures stabilizing on higher cash; boxed beef and cash feeders higher.

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.