Cattle markets continue to lead, with live and feeder futures holding near highs. Tight supplies and strong beef demand are keeping a solid floor under the market, with cash trade steady to higher.
In the grains, corn is slightly softer as planting expectations build, but ethanol demand continues to provide support.
Soybeans are mixed, with soybean oil staying strong thanks to renewable diesel demand tied to biofuel policy. Meal remains more subdued.
Wheat is struggling to gain traction, with global competition and improving conditions keeping pressure on the market.
Overall tone: cattle remain the driver, grains are steady with support underneath, and all eyes are on planting progress as we move deeper into spring.