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Spectrum Commodities Wheat & Cattle Markets Analysis

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Message History

Futures locked limit down following beef plant closure in NE; cash weaker; boxed beef lower; cash feeders sharply lower; solid export sales.

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Grains into quiet holiday trade; confusion surfaces regarding US/China trade deal; strong export inspections and export sales.

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Futures start limit down on Friday, then close near steady; cash lower; boxed beef firm; cash feeders under pressure; Tyson closing major beef plant in NE.

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Grains mixed last week; rumors of China cancelling Argentine soy purchases; good rains in US southern plains; weather continues near ideal for South America.

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Futures lower again; cash lower; boxed beef slightly higher on light volume; cash feeders steady; US removes 40% tariff on Brazilian beef.

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