Spectrum Commodities Wheat & Cattle Markets Analysis

Wheat leads grains lower on much needed rain in western plains and good rains across TX; Drought Monitor shows a decrease for major grains; strong export sales; SovEcon raises Russia wheat export estimates. 

Futures push higher; cash sharply higher; boxed beef lower; cash feeders slip.

Wheat rally stalls; large deliveries pull wheat and bean oil off highs; northern Midwest weather improving for planting; central plains stay dry.

Futures push into new highs; cash quiet; boxed beef mixed; cash feeders higher.

Wheat surges higher again as crop losses get baked in; rains coming for far southern plains but leave Kansas dry; corn follows wheat higher; soybeans stuck in trading range.

Futures surge higher on reports of more NWS incidents in northern Mexico; cash steady; boxed beef higher; cash feeders steady; weekly cash update.

Wheat leads higher as drought persists in central plains; soybeans get a boost from EU rejecting Argentine soymeal; stronger crude oil supports biofuels.

Futures firm on Friday but lower for the week; cash lower; boxed beef higher with light weekly volume; cash feeders lower.

Kansas City still leads wheat higher; light rains over dry western plains not enough to save crop; improving weather in Midwest to help planting progress.