Wheat hits limit gains while corn and soybean futures consolidate after a strong rally. On SF Daily, host Lorrie Boyer breaks down the latest grain market moves, export demand, ethanol production, livestock futures, and severe weather threats across the Corn Belt.
🌾 Wheat: Futures posted limit gains, putting expanded trading limits in play as traders assess the rally.
🌽 Corn & Soybeans: Corn export sales hit a marketing-year low, while soybean demand remains strong and China continues buying.
🐄 Livestock: Live cattle futures were mixed, while feeder cattle moved lower.
🌦️ Weather: Storms are expected across South Dakota, Minnesota, Iowa, and Nebraska, with large hail and strong winds possible.
📈 Other major market news: Ethanol production climbed to 1.112 million barrels per day, pushing inventories to a four-month high.
SF Daily delivers fast, actionable agriculture news covering grain markets, livestock, weather, USDA reports, and ag business.
Subscribe to SF Daily for weekday updates on grain markets, agriculture news, farm weather, livestock, and the stories shaping American agriculture.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
