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.