Soybeans found support from strength in soyoil, though prices remain off the highs seen earlier in the week. Weather is stepping back into the driver’s seat, with continued dryness in the Western Corn Belt while a system moving through could bring relief to some of those stressed areas. Despite that backdrop, markets appear to be shifting some focus away from the war in Iran and back toward core fundamentals like weather and input costs. In livestock, futures struggled to hold early gains, with a lack of developed cash trade continuing to weigh on the tone. Cattle market saw $12 cash increase over last week and the live cattle pull back a bit from those highs to finish in the red for a Friday trade.
Friday Market Wrap Up with Mark Gold at Top Third, a division of StoneX
