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Grains leaning lower with USDA Report hangover with the reality sinking in and the market questioning where the 6.4 million acre loss to principle crops came from. Plus, the first USDA crop condition report is likely to show a much better wheat crop than a year ago especially with many of those areas receiving recent precip. Cattle are mostly lower with HPAI continuing to spread in the dairy herd. Hogs opened lower in reaction to the Hogs and Pigs Report but has bounced on the long side of spreads with cattle. Allison Thompson, The Money Farm, has more.
See omnystudio.com/listener for privacy information.
By Michelle RookGrains leaning lower with USDA Report hangover with the reality sinking in and the market questioning where the 6.4 million acre loss to principle crops came from. Plus, the first USDA crop condition report is likely to show a much better wheat crop than a year ago especially with many of those areas receiving recent precip. Cattle are mostly lower with HPAI continuing to spread in the dairy herd. Hogs opened lower in reaction to the Hogs and Pigs Report but has bounced on the long side of spreads with cattle. Allison Thompson, The Money Farm, has more.
See omnystudio.com/listener for privacy information.

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