On Tuesday, we saw a pretty solid day across the board led by soybeans and soy products on the day. Corn and wheat came well of the highs though and livestock were mixed to higher. Better than expected CPI data came out Tuesday morning that initially drove the stock market sharply higher and commodities followed suit. As they day went on though, the strength waned outside of the soy complex.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406
Also, more analysis with Jacob Burks of AgMarket.net and Jesse Allen on today’s Market Talk below. Plus, we discuss wireworms in wheat with Curtis Rainbolt of BASF.