Wheat futures are trading 9 to 10 cents higher this morning. According to Sov Econ, Iraq purchased 60,000 MT of Russian Wheat.
Cattle futures are trading $0.15 to $0.32 lower. Estimated week to date slaughter was reported at 334,000 head compared to 348,000 head
Soybean futures are trading 1 to 6 cents higher. Funds were thought to be sellers of around 3,000 contracts of soybeans and
Ag Market Commentary
Corn futures are trading 1 to 2 cents higher this morning. Funds were thought to be buyers of around 9,000 contracts yesterday.
Lean Hogs are trading $0.57 lower to $0.05 higher. Yesterday Both the June and July 14 contracts were lock limit $3 higher thanks to the
Cotton futures are trading 43 points lower to 63 points higher. USDA put weekly export sales for Cotton at 152,00 RB, including