The fireworks were in the hog market today as the first two listed contracts finished with limit gains. Live cattle futures found support as well, while feeder cattle were mixed in lackluster trade. Grain markets were solidly in the red today with wheat sharply lower and the soy complex unable to find any support. Corn fared better than other grain contracts by simply not losing as much. Wall Street is lower as of this writing with equities and interest rate products falling. The VIX continues to rally, up 1.55 points at 22.26 presently, while the U.S. Dollar Index is up 48 points. Crude oil is modestly higher on technical buying and the EIA’s report that showed a drop in fuel supplies and growing demand.
Corn Decemb...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
