Cattle markets continue to trade with underlying strength, supported by tight supplies and steady demand across the beef complex. Live cattle futures remain near recent highs, while feeder cattle continue to draw support from limited availability and strong backgrounding demand.
In the grain trade, corn and soybean markets are mixed as planting season begins to take shape across the Midwest. Early field conditions, export demand and global supply factors remain key drivers.
Corn continues to face pressure from ample global stocks, while soybeans are seeing some support tied to export movement and weather concerns in key growing regions.
Wheat markets remain sensitive to ongoing dryness in portions of the Plains, adding uncertainty as the crop moves into critical development stages.
For producers, the focus remains on managing input costs, watching weather closely and staying positioned as market conditions continue to evolve.