Spectrum Commodities Wheat & Cattle Markets Analysis

Wheat choppy on conflicting Black Sea reports; corn slip on reports of record South American production, well above USDA's estimates; export sales summary; weather still stressing US crops; cattle futures under more pressure; cash weakening; boxed beef mixed; cash feeders lower; solid beef export sales; beef S&D summary.

Supply/Demand summary; report bullish corn; wheat surged higher on Russian port shutdown; Russia hits Ukraine Danube port; cattle futures under pressure; cash fed cattle steady while dressed trade moved higher; boxed beef quietly higher; cash feeders higher.

Wheat under pressure from rumor of Ukraine/Russia moratorium; today wheat strongly higher as Ukraine hits key Russian grain export terminals; Black Sea grain exports rapidly declining; Supply/Demand report today hints at a volatile price reaction; cattle futures mixed; cash fed steady; boxed beef quietly lower on good volume; cash feeders lower; weekly cash cattle and beef summary.

Grains trading mixed, waiting for major Supply/Demand report tomorrow; Black Sea maritime transport update; crop condition and progress update; cattle futures mixed; cash steady; choice boxed beef surges higher; cash feeders lower.

Wheat leading grains higher; markets waiting for Wednesday's Supply/Demand report; Black Sea exports largely halted; cattle futures follow cash higher; boxed beef firm while cash feeders push higher.

Grains mixed as wheat struggles against cheap Black Sea offers; export sales summary; cattle futures weaker; cash cattle firm; boxed beef mixed; cash feeders stronger.

Grains futures mixed on improving weather; wheat and corn importers avoiding Black Sea sourcing; private yield estimates coming in for corn and beans; Supply/Demand next Wednesday expected to create volatility; cattle futures and cash higher; boxed beef mixed on light volume; cash feeders lower.

Grain complex retreats on weaker energies; yield estimates starting to come in; EU drought impact estimates; despite shipping woes, Black Sea wheat FOB still the lowest; weather improves for Midwest crops; cattle futures higher with stronger cash; boxed beef and cash feeders stronger as well.

Grains reversed higher, led by wheat on further damage to Black Sea export capacity; corn conditions decline while soybeans were steady; China buys more US soybeans; cattle futures reverse lower; cash steady/higher; boxed beef mixed while cash feeders improve.

Grains continue to slide on improving weather; China buys 1 MMT US soybeans; Russia takes out key Ukrainian railroad bridge; EU drought moves east; cattle futures stabilizing on higher cash; boxed beef and cash feeders higher.