Listen to the SF Daily podcast for today, March 2, 2026, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.

Geopolitical tensions are affecting markets, with crude oil leading a rally due to potential supply disruptions from the Middle East. OPEC is prepared to increase production if needed. Speculators cut net short positions in corn and raised bullish positions in soybeans, with net long positions in soybeans reaching the highest since December 9. In wheat, bearish positions decreased. Livestock markets saw losses in live and feeder cattle futures, and a drought is impacting 49% of U.S. pasture land, up from 36% last year. Winter weather advisories were issued for several regions.

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