Soybeans have ripped higher on fund buying and China chatter, but the cash market and spreads are telling a different story. Jon Prischmann and Ryan Tungseth break down why this bean rally looks more like momentum than real demand, how to think through old and new crop hedge strategies, and why having "one hoop" in your marketing plan beats hoping for three miracles.

They also dig into hogs, where summer premiums are getting stretched and spreads are flashing potential opportunity for those willing to look deeper.

Then there's cattle. After a long, powerful bull run supported by tight supply, the tone is starting to change. Even with strong cash and supportive reports, futures aren't responding the way they used to. Jon explains why margins inside the beef chain matter more than ever and why this could be the moment to take protection seriously.

If you've got beans in the bin, corn decisions hanging over your head, or cattle that need coverage, this is one of those episodes where the clock might be ticking.

Call Jon at 218-731-1578 to talk through strategy that fits your operation.