Provided by Stewart-Peterson Inc.
CORN
Corn futures were closed overnight and will resume trading at 8:30 AM CT this morning.
SOYBEANS
Soybean futures were closed overnight and will resume trading at 8:30 AM CT this morning.
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WHEAT
Winter futures were closed overnight and will resume trading at 8:30 AM CT this morning.
CATTLE
Cattle futures are called mixed. The heavy supply of front-end cattle will be a limiting factor, but August is undervalued compared to the current cash market. The cash market will still be the key for price direction in the near-term.
HOGS
Hog market calls are steady to lower. Weekend news: The spread of African Swine Fever to Germany’s most important pig rearing region has dealt a serious blow to the sector with major markets such as China now likely to maintain import bans for years to come, analysts said on Monday.
Author
Matthew Strelow