Spectrum Commodities Wheat & Cattle Markets Analysis

Futures firm; cash quiet; boxed beef lower on improving volume; cash feeders lower; concerns over sliding choice boxed beef values.

Grains slipped as crude oil sold off; good rains headed for central and eastern plain, but far western plains only seeing light rain; long range forecasts projecting strong El Nino by mid-summer; southern Russia moisture conditions very good; Argentina increasing corn and soybean production estimates.

Futures lower; cash quiet; boxed beef lower on good volume; cash feeders higher.

Grains pulled lower by sharply lower crude oil prices; weather the other dominant factor and rains still in forecast for the parched plains.

Futures mixed with front month live cattle filling important gap; cash steady with Friday trade; boxed beef higher; cash feeders lower; weekly cash summary.

Grains quietly mixed, waiting for news from war front; export inspections keeping steady pace; weather forecasts calling for good rains across the dry western plains; Russian wheat exports for March sharply above last year.

Futures reversed up as cash soared higher; boxed beef lower on steady volume; cash feeders higher; strong export sales; JBS workers end strike.

Grains struggled to hold gains even as crude soared higher; solid export sales; Australian farmers reportedly reducing wheat acres due to high fertilizer costs; world FOB update.

Futures continue higher, reaching new contract highs in live cattle; cash higher; boxed beef lower; cash feeders lower.

Wheat led grains lower on hopes for war ending, but that sentiment has changed this morning as fighting escalates and crude surges higher; rains still in the forecast for the parched plains.