July 2, 2022
Fargo, US 57 F

Closing Market Report- 4/26/22- Winter Wheat the Upside Leader in Grains on Tuesday

Winter wheat was the upside leader on Tuesday as we saw crop condition ratings worsen again for winter wheat crops and more planting delays for spring wheat country. Corn was firm on the session while the soy complex was mixed as we saw some spread trading of soyoil against soymeal today with soybeans backing off highs. The stock market is under heavy pressure today with the dollar higher again and crude oil rising today as well. Live cattle had an ok day while feeders were lower and lean hogs saw more liquidation.

Farm and Ranch Director Jesse Allen has our closing report here: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406

Also, more analysis with Bill Biedermann of AgMarket.net and Jesse Allen on today’s Market Talk below:

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