The Final Bell

The latest USDA reports were released and gave traders enough to rally on, but overall was neutral. Market fundamentals suggest the continued need for expanded demand opportunities. Cattle trade reaches a pivotal point this week in demand as grilling season peaks with the Independence Day holiday. Darin Newsom, senior Barchart analyst, recaps today's trade.

Corn and soybean futures finished with double-digit losses Monday, while live and feeder cattle futures were off $1-$2. Sue Martin of Ag and Investment recaps Monday's factors.

A favorable forecast ahead keeps pressure on row crops while trade looks to next week's Quarterly Stocks and Acreage reports. Corn acres are expected to fall from the first survey, but soybeans are anticipated to see a bump as producers shifted to lower production costs. The Quarterly Hogs and Pigs report was neutral to friendly, helping futures to hold steady to higher Friday. Doug Simon with Tre...

Technical support helped to bounce corn and soybean futures, which then rallied with strong export numbers and weather concerns headed into July. Iran has attacked ships in the Strait of Hormuz once again, sparking a reversal in crude oil futures. Cattle futures chopped along today, pressured by higher corn while waiting for any cash trade to develop. Mike Zuzulo with Global Commodity Analytics re...

Seasonal pressure is keeping grains looking for a bottom. Weather is also keeping pressure on markets as the forecast looks to warm up as we near pollination season. Cattle futures are finding support from higher boxed beef and continued fundamental support. Arlan Suderman with Stone X Financial recaps today's trade.

Favorable weather for US grains keeps pressure on prices, but drought and record temperatures in Europe could threaten corn and wheat crops. Soybeans held small gains today with help from the product markets. Cattle futures were lower, the morning choice boxed beef spiked over $400. Don Roose with US Commodities recaps today's trade.

Higher equities and lower energies led the drag on grain trade to start the week. Domestic weather looks mostly favorable, though trade is keeping an eye on areas with potentially too much moisture. Cattle trade continues to show optimism after a friendly to neutral Cattle on Feed report. Sam Hudson with Cornbelt Marketing recaps today's trade.

The weather ahead looks favorable for US corn and soybean crops, which has the market feeling confidently bearish. Export sales were solid last week, with multiple sales reported this week. Cattle trade is cautious about approaching all time highs again. Shawn Hackett with Hackett Financial Advisors recaps today's trade.

Arlan Suderman of Stone X is our guest. We kick things off with talk that China may buy more soybeans and what that country's commitments are and how skeptical we may be. Then we dig into the Iran peace deal and what we know and don't know. Finally, we talk about the new Federal Reserve chair and why Kevin Warsh may fade into the background and what that means for markets.

Strong boxed beef prices have given traders confidence in consumer demand for beef, leading to a strong rally through today's close. Lower crude oil prices have boosted equities, which has also helped to support cattle futures. Cash trade is expected to be higher for the week, but will likely wait until after Thursday's Cattle on Feed report. Ross Baldwin with John Stewart & Associates recaps toda...

Crude oil dipped today with a potential resolution with Iran, which weighed on soybeans and spilled over into corn and wheat. Trade is looking ahead to the Quarterly Stocks report and the renewed acreage numbers at the end of the month. Opinions differ over whether we will see higher corn or bean acres based on profitability and input costs. Jeff Peterson with Heartland Farm Partners recaps today'...

The latest USDA WASDE report made changes to the US corn exports while decreasing domestic use for ethanol. Soybean exports were decreased with a rise in domestic crush, and overall wheat production was cut with a decline in winter wheat. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

The President has threatened to escalate attacks on Iran if a peace deal isn't reached soon, which boosted crude oil and helped to bounce commodity trade today. Tomorrow will bring an updated WASDE report with production estimates, and traders are not anticipating any large changes. Cattle were slightly higher with little cash trade for the week and stronger boxed beef. Arlan Suderman with Stone X...

Fund buyers are still having a large influence on commodities as the stock market and crude oil futures remain volatile and uncertain. New World Screwworm may prove bullish news in the long run, but are not considered bearish at this point. The June WASDE report isn't expected to have a huge impact on trade this week. Zach Tindall with Producers Livestock recaps today's trade.

Rains across the country and cooler weather in the extended forecast weighed on soybeans today, as concerns going into the growing season remain limited. Wheat futures bounced with the rains effecting winter wheat harvest and beginning to suggest quality issues for the soft red crop. Cattle futures fell as more cases of screwworm surface. Mike Castle with Stone X Financial recaps today's trade.

After New World screwworm was confirmed in a calf from Texas, cattle futures climbed today and feeder contracts closed limit up. Grains continued their meltdown, with soybeans down over 25 cents as the demand picture for beans continues to look less optimistic. Wheat futures opened higher, but quickly fell under pressure from the row crops. Mike Zuzulo with Global Commodity Analytics recaps today'...

Pressure from favorable weather and rains in the forecast continues to allow funds to liquidate corn and soybean contracts. Wheat futures fell once again under pressure from cheaper global competition. New World screwworm has the cattle market on edge as the cases are being found closer to the Mexico and US border. Arlan Suderman with Stone X Financial recaps today's trade.

Ahead of average planting pace and favorable weather ahead has the market feeling optimistic about the growing season ahead. Demand for US grains is steady, and the biggest obstacle is the cost of moving grains across the globe. Wheat futures continue to slide as harvest begins and trade waits to see the real damage. Heather Ramsey with the ARC Group recaps today's trade.

The war headlines continue to bring uncertainty to commodity trade, despite the fundamentals underlying the markets. Grains closed lower, while soybean oil rallied behind increasing demand for biofuels. Cattle markets closed higher with hopes that cash trade this week will provide needed support. Senior Barchart Analyst, Darin Newsom, recaps today's trade.

As the week rounded out the end of the month as well, long liquidation and pressure from lower crude oil dropped commodity prices. Soybean oil was the bright spot, with biofuel demand remaining strong. Cattle futures stepped back once again as boxed beef and lower cash refused to provide support. Sue Martin with Ag & Investment Services recaps today's trade.

A bounce in soybean oil and the meal markets helped to lift row crops as crude oil futures continued unsteady. A proposed 60-day ceasefire could pressure markets going forward as trade focuses on the headlines versus fundamentals. Cattle closed lower today with no cash trade yet reported for the week. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

As the war in Iran continues, traders hold onto optimism that a peace deal could be reached soon, driving crude oil and commodities lower. Wheat conditions continue to worsen each week, but futures move lower with trade looking forward to new crops and global supplies. New crop soybeans closed higher with continued demand from domestic crush and biofuels. Arlan Suderman with Stone X Financial reca...

Cattle on Feed numbers were bearish, but analyst says that was likely priced in ahead of this week's trade. Fund liquidation continued to hold pressure on livestock markets as we begin a shortened trading week. Grain futures were lower with the drop in crude oil as the war with Iran remains an uncertain factor in today's markets. Livestock market analyst Kyle Bumsted recaps today's trade.

The war with Iran and the uncertainty around the trade deal with China weighed on commodities today. Feeder cattle fell with continued liquidation ahead of the Cattle on Feed report. Doug Simon with Tredas recaps today's trade.

Grains closed lower today with sinking crude oil and fund liquidation as outside markets heavily weighed on commodities. Accrued losses in oil and higher production costs don't seem to be priced into grains enough. Feeder cattle were limit down ahead of tomorrow's Cattle on Feed report. Mike Zuzulo with Global Commodity Analytics recaps today's trade.