Lean hog futures mixed; CME Lean Hog Index up 13c to $83.84. Pork cutout down $1.75. Slaughter down YoY.
Corn futures trade near unchanged after Monday's 7-8 cent drop. Cash corn at $3.99 ¾. Exports up 43% YoY, 1 BBU shipped!
Wheat futures mixed: SRW down 6¢, HRW down 6.25¢, spring wheat steady. Exports lag YoY but YTD up 22%. Watch global supply.
Live cattle futures dip 17-92 cents; feeder cattle gain $0.82-$1.25. Boxed beef mixed, slaughter down. Traders eye expiry.
Soybeans bounce 3-4 cents amid geopolitical jitters & weak export data. Cash prices dip 8 cents to $9.80. Watch FND!
Cotton futures rally 30-40 pts, then slip. Cotlook A Index hits 74.00 cents. Traders eye AWP at 50.02 cents.
AI stocks surge, but is it a bubble? Traders eye valuation risks as growth explodes, defying crash calls.
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