Spectrum Commodities Wheat & Cattle Markets Analysis

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.