Tuesday, September 1, 2026
Grain markets finished the day sharply higher, led by soybeans, while cattle futures backed off and hogs were nearly steady.
Corn: December corn finished near $5.46 per bushel, up roughly 8 cents. Hotter and drier forecasts for parts of the Corn Belt, strong demand and concerns over final yield potential helped support the market.
Soybeans: November soybeans closed near $13.17, up about 29 cents. Soybeans led the grain complex as crop ratings slipped, weather concerns increased and USDA reported a fresh 136,000-metric-ton sale to China. EPA-related biofuel news also supported soybean oil and the broader soybean complex.
Chicago Wheat: December Chicago wheat finished near $7.85, up about 10 cents.
Kansas City HRW Wheat: December Kansas City hard red winter wheat closed near $8.47, up about 9 cents. Wheat remained supported by continued uncertainty surrounding Black Sea exports and stronger grain markets overall.
Live Cattle: October live cattle finished near $211.90, down roughly 75 cents. The cash cattle market remained quiet early in the week, with traders waiting for stronger fundamental direction.
Feeder Cattle: October feeder cattle finished near $315.10, down about $1.90. Strength in corn added pressure while the cattle complex continued to search for cash-market support.
Lean Hogs: October lean hogs finished near $83.65, essentially steady to slightly lower. Futures paused after Monday’s rally as the cash hog market remained under pressure.
For more agriculture news and markets, keep it on The Ranch at myradioranch.com.
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