Wheat surges on global weather woes and short covering. Cattle and hog futures rally sharply. Corn firms with wheat. Soybeans mixed. Crude oil and metals higher.
Wheat surges on global weather woes and short covering. Cattle and hog futures rally sharply. Corn firms with wheat. Soybeans mixed. Crude oil and metals higher.
Strong sales, shifting trends, and surprising pullbacks—plus a key milestone in metals. We break down the moves you need to watch in today’s markets.
Grain futures rise broadly, led by strong gains in wheat and soybeans due to dry conditions in Kansas and Argentine strikes impacting soybean meal prices.
Kansas City wheat rallies on dry weather and wind concerns. Corn and soybeans drop on European tariffs and USDA delays, while cattle and crude rise.
USDA crop report met expectations overall, with unchanged soybeans, slightly lowered corn carry-out, and raised wheat estimates amid market reactions. Livestock and commodity prices fluctuated.
Grain futures show wheat up 10-14 cents, soybeans down 10-11 cents, and corn slightly higher amid strong export inspections. Cattle and hog markets fluctuate; metals and crude oil decline.
Grains varied with wheat lower, corn higher, and soybeans mixed. Cattle prices surged. Uncertainty looms over tariffs and USDA reports, influencing market directions today.
Grains surged due to short covering on Trump's tariff exemption talks under USMCA. Wheat tightens as Russian storage plunges. Cattle and hogs show mixed movements.
Today's market is heavily impacted by tariffs, with grains like oats showing gains amid lower prices for wheat, corn, and beans amidst volatile trade conditions.
Grains softened with beans slightly recovering, corn and cattle lower amidst tariff concerns. Wheat declines across markets, while livestock prices varied with mixed beef and hog futures.