Weather is putting fresh pressure on U.S. crop prospects as drought grips the West and flooding hits parts of the East. SF Daily, hosted by Lorrie Boyer, breaks down the latest grain markets, livestock trade, and weather threats facing farmers.
🌾 Wheat: Speculators cut net long positions, with short positions in soft red winter wheat reaching a three-week low.
🌽 Corn & Soybeans: Uneven crop conditions and potential production losses are keeping buyers focused on whether U.S. output can meet demand.
🐄 Livestock: Live cattle and feeder cattle futures finished lower as traders assess supply and demand.
🌦️ Weather: Extreme heat is targeting Oklahoma and Arkansas, with heat indexes potentially topping 110 degrees, while drought and flooding threaten crops elsewhere.
📈 Other major market news: The Russia-Ukraine war continues to disrupt grain infrastructure and add uncertainty to global agricultural markets.SF Daily delivers fast, actionable agriculture news covering grain markets, livestock, weather, USDA reports, and ag business.
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