Grain futures struggle to attract buyers as traders shift their attention to energy markets, while South American weather and U.S. harvest progress shape the outlook. On SF Daily, host Lorrie Boyer breaks down the latest commodity moves, livestock prices, USDA production numbers, and wildfire threats.
🌽 Corn & Soybeans: Oversold futures have yet to spark sustained buying, while firm cash markets reflect limited farmer selling and diesel assistance could further slow grain movement.
🐄 Livestock: Live cattle and feeder cattle futures climb, alongside gains in wholesale choice and select boxed beef prices.
📈 Egg Production: U.S. egg output jumps 6% in September to 9.2 billion eggs, while egg-type chick hatchings fall 8%.
🌦️ Weather: Elevated wildfire danger threatens parts of South Dakota and Nebraska, with additional risks possible across Oklahoma and Arkansas.
🌎 Other Major News: Plans call for phased reopening of border crossings in Columbus, New Mexico, and Nogales, Arizona.
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.
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