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Closing Comments July 26, 2024
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Wheat started the week by opening the overnight session higher in all three exchanges and proceeded to extend session gains early. For the fourth session
To start the week corn opened the overnight session higher and extended session gains throughout the night and into the day session. Early support came
Soybeans started the week by gapping higher at the start of the overnight session and then added to the gains for the rest of the
To start the week canola gapped higher at the start of the overnight session and then held steady. When the day session started, the market
Live cattle pushed higher every session for the week ending Thursday while feeder cattle traded with gains in 3 sessions, posting losses only in Wednesday’s
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Last week’s wheat export sales pace was estimated at 11.4 MB. After 7 weeks, wheat sales were at 36% of USDA’s expectations vs. 28% last