December corn pushed above the $5 mark, with planting progress expected to show improvement following a stretch of dry weather ahead of today’s report. Export demand for corn remained solid, while soybeans saw some support from technical buying.
In livestock, the cattle market is closely watching developments out of the U.S. Department of Justice, which confirmed Monday an active antitrust investigation into the nation’s largest beef processors. Prosecutors have reviewed more than three million documents as they examine whether concentration in the U.S. cattle and beef markets has contributed to higher grocery prices.
Monday Market Wrap Up with Cory Bratland at AgMarket.Net
