Corn and soybeans moved lower on the day Tuesday as a chance for cooler and wetter weather has come into the forecast for next week. We did work off our lows of the day but still finished double digits lower. Wheat did it’s best to rally back near unchanged after Egypt cancelled their GASC wheat tender, which gave support to Chicago wheat. Feeder cattle moved higher on the break in corn.
Farm and Ranch Director Jesse Allen has our closing report: 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: