Opening Markets on The Ranch

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Grain trade is starting the morning under a little pressure while cattle are holding strong.

Corn is trading at $4.55 cents per bushel as planting pace across the Midwest continues to weigh on the market.

Soybeans are sitting at $11.70 per bushel with traders balancing global supply against steady demand.

Wheat is trading at $6.02 per bushel as world competition continues to keep a lid on any rally attempts.

On the livestock side it is a different story.

Live cattle are holding firm at $247.10 as tight supplies continue to support the market.

Feeder cattle are trading at $372.25 with strong demand keeping pressure on buyers.

Lean hogs are sitting at $102.30 as the market looks for direction.

Grains under pressure early
Cattle staying strong to start the day

That is your Opening Markets on The Ranch
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