Here’s your morning markets on the Ranch — myranchradio.com:
Cattle markets remain the leader, with live and feeder futures holding strong near recent highs. Tight supplies and steady beef demand continue to support the complex, with cash trade holding firm.
In the grains, corn is slightly lower as planting expectations build, but downside is limited by solid ethanol demand.
Soybeans are mixed, with soybean oil continuing to provide support thanks to renewable diesel demand, while meal remains under pressure.
Wheat is struggling to find direction, weighed down by global competition and improving crop conditions in some regions.
Overall tone: livestock stays strong, grains are steady with underlying support, and markets are beginning to focus more on planting progress across the Midwest.