July 6, 2022
Fargo, US 84 F

Closing Market Report- 6/13/22- Mostly Risk-Off Market Trade on Monday

The sharp pressure in stocks and energies weighed on the broader commodity sector today as inflation worries continued to be a force in the market. Corn and wheat held up admirably though on the day Monday. Corn was mixed with new crop a bit higher while U.S. wheat prices survived the day, roughly unchanged. July soybean meal posted the largest percentage loss among grain-related contracts, ending down $14.00. We also significant pressure on soybeans and the cattle markets as well. Hogs rallied late to finish mixed.

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

Also, more analysis with John Heinberg of Total Farm Marketing and Jesse Allen on today’s Market Talk below:

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