The Final Bell

Russia and Ukraine continue to create a lot of uncertainty about the global grain supply as the damage to export infrastructure continues. Changes in the upcoming weather looks favorable, though the recent heat wave for the US and the EU also add to the question of what yields will look like for corn and soybeans. Cattle have cautiously entered a recovery. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

New weather updates provide more chances for rain across the plains and Corn Belt, driving soybeans and corn markets lower. Wheat futures failed to hold their gains today, though the losses were limited by the continued issues with Black Sea grain exports. Cattle futures were higher today, giving some hope that the market may have seen the worst for now. Ross Baldwin with John Stewart & Associates recaps today's trade.

Crop conditions ratings dropped last week, pushing corn and soybean trade higher. Demand questionable, though weather forecasts are bullish. Cattle bounced today, but the bottom may only be temporary. Barchart Senior Analyst, Darin Newsom recaps today's trade.

A temporary ceasefire in Iran dropped crude oil sharply, giving grain traders the catalyst needed to correct overbought corn and soybean markets. Wheat futures were caught in the undertow of the row crops, though the conflict in the Black Sea is ongoing. Producers should be watching for upticks in the market for opportunities to benefit from days like this one. Heather Ramsey with the ARC Group based in Lincoln recaps today's trade.

Ukraine announced early today that it would provide a plan to escort shipments of grain out of the Black Sea. The weather forecasts are still hot with minimal chances for rain in both the US and across Europe. Cattle futures closed a bit higher ahead of the afternoon's Cattle Inventory and Cattle on Feed reports. Doug Simon with Tredas recaps today's trade.

Russia and Ukraine continue to attack grain infrastructure and ports that are responsible for a large chunk of the world's corn and wheat exports. Weather concerns still underlie the market with hot, dry weather on the way. Cattle bounced a little today ahead of tomorrow's Cattle on Feed report. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

Ukraine's drone technology has advanced, causing Russia to retaliate and close major shipping ports. Weather concerns heat up with the temperatures in both Europe and the US. Cattle fall again today ahead of Friday's Cattle on Feed report. Arlan Suderman with Stone X Financial recaps today's trade.

With weather looking hot and dry across much of the plains, supply concerns could cause a contra-seasonal market pattern. The war between Russia and Ukraine remains a volatile situation that will likely have a bigger impact on markets down the road. Cattle have slowed their liquidation, and yesterday's small bounce is positive news. Don Roose with US Commodities recaps today's trade.

As the heat is anticipated to return across the US, trade is working weather premium into the corn and soybeans. Wheat futures were lower despite strong fundamental support. Cattle finally had a move back to the upside with some technical buying. Sue Martin with Ag & Investment Services recaps today's trade.

Producers should be prepared for some volatility as war concerns heat back up and drive grain markets once again. Russia and Ukraine continue to target important grain infrastructure, disrupting export markets. Cattle close lower once again, and analysts think that the market still has a ways to go before the bottom is found. Clint Hoffman with Tredas recaps today's trade.

Cattle fall through technical levels in continued liquidation. Boxed beef prices slipped again today, and cash trade for the week is considerably lower. The top of this market was found, but analysts say that we haven't yet found the bottom. Livestock Market Analyst, Kyle Bumsted, recaps today's trade.

Concerns over grain shipping infrastructure rise sharply as the war in the Black Sea escalates. Corn and soybeans rallied as well with the support from wheat. Cattle are faced more liquidation today, with lower cash and cutout prices. Arlan Suderman with Stone X Financial recaps today's trade.

Liquidation continues in the cattle markets as boxed beef prices slide. Cash trade for the week is expected to be lower. Grain trade factors in weather concerns and geopolitical news, with the Kerch Strait in Russia now closed. Zach Tindall with Producer's Livestock recaps today's trade.

Corn and soybeans held gains today as the weather heats up across the US and the European crop continues to see damage with prolonged dryness. Wheat futures were lower with pressure from lower global prices. Cattle futures could continue to struggle in the face of lower demand. Shawn Hackett with Hackett Financial Advisors recaps today's trade.

Grain ending stocks were lower, giving the markets the bullish news they needed to rally. Wheat markets led the upside, with rising concerns about the ability for Russian exports out of damaged ports.

Corn and soybeans ended the session lower with changes to the weather forecasts and lower than estimated export numbers. Wheat futures found support despite the pressure in the row crops. Cattle futures have "lost a gear" since losing the June contract, and demand is a big question moving forward. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

Crude oil rallied today as the conflict with Iran reignites, with fresh attacks from both sides. The latest weather models, however, show a little cooler weather ahead of next week's heat wave, putting pressure back on grains. Cattle closed mixed as feeders found support on lower corn prices. Arlan Suderman with Stone X Financial recaps today's trade.

Weather took markets higher to close the session, with the focus on hot and dry conditions across much of the Midwest as well as continued drought throughout Europe. Friday's WASDE report expected to reflect high demand for US corn and potential shifts in South American production. Cattle markets lower with disappointment over a lack of fundamental support. Mike Castle with Stone X Financial recaps today's trade.

Severely hot temperatures and drought conditions linger across Europe and drop crop condition ratings. US weather conditions also turn hot and dry headed into pollination. Soybeans rallied sharply with strength from the product markets and continued demand for biofuel production. Heather Ramsey with the ARC Group recaps today's trade.

A bit of profit taking pulled a bullish market back ahead of the holiday weekend. Cattle futures fell with potential influence from headlines today. Looking ahead, the weather could effect both grains and livestock supply if heat waves linger. Mike Zuzulo with Global Commodity Analytics recaps today's trade.