Spectrum Commodities Wheat & Cattle Markets Analysis

Grains under pressure last week, holding at major support levels; weather looking good for most of Midwest; wars continue to add volatility.

Futures see huge price swings after confirmation of first US screwworm case; cash slightly lower than last week; boxed beef lower; cash feeders under pressure; poor export sales.

Soybeans accelerate lower on fears that US tariffs will cause China to abandon US imports; rains delaying Kansas wheat harvest and creating quality concerns; China also seeing wheat quality issues; US export sales mixed. 

Futures under pressure on confirmation of US case of New World Screwworm in Texas; cash lower; boxed beef mixed on light volume; cash feeders higher.

Grains continue lower on fund liquidation and good weather; corn and soybeans at major support areas; US to re-impose 10% tariffs.

Futures lower, light cash trade lower; boxed beef higher; cash feeder firming; NWS updates.

Grains continue lower on good weather and lack of China business; world weather update.

Futures higher; cash lower; boxed beef mixed; cash feeders sharply lower; weekly cash update; New World Screwworm creeping north.

Grains weaker on no China news, good weather and expanding wheat harvest; crop conditions update; world FOB update.

Futures and cash lower for the week; boxed beef lower; cash feeders firm; solid export sales.