The Final Bell

Rains over the weekend could bring some much needed to relief to the wheat crop, while some are wondering if it's too late.

The lack of resolution in Iran will lead to continued uncertainty, but for now, the market has turned back to fundamentals.

The cyclical cattle cycle would suggest that we've seen the top of the market for now.

Don Roose with US Commodities recaps today's trade.

Seventy percent of winter wheat areas are now suffering from some form of drought, which rallied wheat futures.

Cattle trade was likely influenced by drought conditions as well, with spring time pastures being in question.

Soybeans were lower as the USDA opens up acreage surveys to more US farmers, hoping for higher response numbers for the June update.

Mike Zuzulo with Global Commodity Analytics recaps today's trade.

Profit taking and uncertainty led soybean oil to drop today after reaching multi-year highs.

World demand for biofuels keeps demand strong, but uncertainty around the war with Iran has speculative funds nervous.

Cattle futures were lower once again as future demand for high priced beef remains in question.

Arlan Suderman with Stone X Financial recaps today's trade.

Demand for biofuel on a global scale supported soybean oil and the soybean complex in light of higher crude oil prices.

Wheat conditions fell once again, but world supply continues to be very large.

Cattle futures closed lower, with concerns that we may have seen the top of the market for now.

Sam Hudson with Cornbelt Marketing recaps today's trade.

Uncertainty around war negotiations set to happen today and tomorrow once again rise energies and impact grain trade.

Kansas City wheat fell late session as traders square up ahead of the crop progress report, where condition ratings are expected to fall again.

Cattle futures set back as traders wait to see any fundamental support to take futures back to higher levels.

Austin Schroeder with Brugler Marketing & Management recaps today's trade.

With a potential deal with Iran on the horizon, a drop in crude oil pressured grains early on.

Corn and soybeans were able to pull ahead just slightly on the close.

The cattle market sees some pull back after reaching new highs, cash trade so far is lower ahead of the Cattle on Feed report.

Doug Simon with Tredas recaps today's trade.

Concerns about global grain supplies is starting to work premiums into the grains markets.

Rebuilding damaged infrastructure will impact prices in the long term.

Beef demand could falter headed into summer grilling months.

Mike Zuzulo with Global Commodity Analytics recaps today's trade.

Economic money flow benefits American farmer with grain prices today, but higher fuel and fertilizer costs will carry on long after any peace negotiations.

Winter wheat conditions worsen as the forecast remains warm and dry for the Southern Plains.

Cattle set back after reaching new highs, but Cattle on Feed estimates look to push markets higher again.

Arlan Suderman with Stone X Financial recaps today's trade.

The cattle markets closed higher once again as the rally in futures continues.

Cash trade for the week is expected to be steady to higher as packers see negative margins.

"Sticker shock" may have some feedlots running at lower capacities.

Zach Tindall with Producers Livestock recaps today's trade.

Negotiations with Iran failed over the weekend, but analyst says the leverage is gone, and the war should find resolve soon.

Soybeans are no longer optimistic about China stepping up for a trade deal in May.

Cattle trade is seeing "strange" patterns, as select boxes outpace choice.

JJ Lauby with Agrimanagment Systems recaps today's trade.