I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update!
Higher highs and higher lows across the board in Livestock markets. Live Cattle and Feeder Cattle futures closed higher on Monday, with Feeders gaining momentum and rallying to set new highs late in the session. New contract high closes and new all-time highs were posted to start the week in the Lean Hogs, as well as the Cattle. Cash trade is expected to remain at elevated levels and futures may get another push higher, once that’s confirmed. Crop conditions giving a mild boost to Soybean prices this morning, but Corn and Wheat continue to sag lower. July Corn got within about 2 cents of the October low overnight. December Corn may find support near 4.34. All eyes will be on the WASDE this week, Thursday at 11 CST.