Overall, it was quiet day today in the ag trade with corn and soybeans lightly lower. Wheat saw some harvest selling pressure as the markets overall are watching this week’s heat and dryness as well as what the Federal Reserve will do to fight inflation as they wrap up their June meeting tomorrow. Livestock trade was mixed on the session with doggish activity being seen across cattle and hogs.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406
Also, more analysis with Jim McCormick of AgMarket.net and Jesse Allen on today’s Market Talk below: