Heartland Ag Edge
Heartland Ag Edge
Grain Markets Mixed as European Crop Concerns Battle Midwest Weather Pressure
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Grain Markets Mixed as European Crop Concerns Battle Midwest Weather Pressure

Key Takeaways

  • Grain markets were mixed, with strength in soybean oil and new-crop soybeans offset by weakness in wheat and corn.

  • European wheat crops continue facing significant heat stress, especially in France and Germany.

  • Excessive rainfall across parts of the Midwest is creating concerns about nutrient loss and crop condition deterioration.

  • Cattle futures finished higher despite giving back a large portion of early gains.

  • Crude oil remained under pressure as energy markets continue to digest Middle East developments.

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