Spectrum Commodities Wheat & Cattle Markets Analysis

October 23, 2026 - Grains and Cattle

Lower wheat drags corn down, soybeans find buyers; export sales light for wheat but solid for corn and soybeans; active harvest weekend ahead; South American weather mostly good for row crop seeding; Southern Hemisphere winter wheat harvest underway; USDA announces grants for domestic fertilizer production; cattle futures mostly lower; cash quiet; boxed beef lower with cash feeders higher; solid export sales; Cattle-on-Feed today.

October 22, 2026 - Grain and Cattle

Wheat continues under pressure while corn and soybeans hold support; FOB basis gets a bump; Egypt buys non-Russian wheat; more rain headed to southern plains; cattle futures higher; cash quiet; boxed beef lower; USDA to re-open two more ports of entry on Mexican border; UDSA announcement to aggregate cash prices from 5 states to restore price transparency met with mixed reviews.

October 21, 2026 - Grains and Cattle

Grain space continued lower; China buys more US soybeans; USDA announces diesel fuel subsidy; NATO increases security on the eastern flank after Russia attacks vessels, US envoy again in Russia for peace talks; France updates corn production estimate; cattle futures higher while cash stays quiet; boxed beef higher; cash feeders higher.

October 20, 2026 - Grains and Cattle

Grain space sees more selling, stalling at support levels; good weather looks to advance harvest; seasonal outlook; cattle mixed for the day; cash firm; boxed beef mixed; cash feeders lower; weekly cash summary; holiday wholesale beef buying underway.

October 19, 2026 - Grains and Cattle

Grains space struggling to hold positive outlook; wars continue to add uncertainty, Russia and Ukraine exports about half of normal; markets expecting increase in US winter wheat plantings; Southern Hemisphere winter wheat harvest begins - El Nino had less impact on Australia than expected; export sales update; world FOB update; cattle markets continue higher; cash firm; boxed beef mixed; cash feeders higher; longer term outlook for cattle.

Out of Office - no podcast until Oct 19

September 30, 2026 - Grains and Cattle

Grains choppy, waiting for today's Stocks/Small Grain Summary reports; rumors of China soybean demand; weather looks to improve for US harvest; US winter wheat plantings expected to increase; better rains headed to South America and east Australia; cattle futures mixed; cash steady with last week; boxed beef higher; cash feeders higher.

September 29, 2026 - Grains and Cattle

Grains take a hit on China tariff disappointment; markets now wait for Wednesday's Small Grain Summary/Quarterly Stocks reports; rains becoming excessive in plains/Midwest; cattle futures lower; cash cattle slips; boxed beef higher; cash feeders lower; weekly cash cattle and beef price summary; Cold Storage report summary; ICE raid on KS packing plant slows production.

September 28, 2026 - Grains and Cattle

Grains claw back early Friday losses only to lose them in early Monday trade; US/China summit didn't offer major news for Ag markets; good rains for winter wheat plantings; Small Grain Summary/Quarterly Stocks report on Wednesday; weekly FOB grain summary; cattle futures mixed on Friday but higher for the week; cash slightly lower; boxed beef higher while cash feeders push higher.

September 25, 2026 - Grains and Cattle

Grains under pressure this morning from reports of Ukraine and Russia agreeing to hold meetings; Iran considering phased re-opening of Hormuz; no major announcements from US/China summit; grain export sales disappointing; cattle futures lower; cash steady/higher; boxed beef slightly lower; cash feeders higher; beef export sales on the light side.