September 30, 2022
Fargo, US 57 F

Closing Market Report- 7/25/22- Grains Higher Led by Soybean Meal

Soybean meal was the star of the show on Monday as grains moved to the upside following this week’s news out of the Black Sea and a look at hotter and drier forecasts coming into focus for August. Meal led the way giving support to soybeans while wheat and corn were up double digits as well. Live cattle had a decent day while feeders were lower amid higher corn prices. Lean hogs also saw some profit taking in front months after a strong run to the upside the part week plus.

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

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