The Final Bell

War premium returned today as trade lost hope of an Iranian peace deal this week. Strength in soybeans came as optimism about the upcoming meeting with China remains high. Wheat futures followed stronger crude ahead of next week's updated WASDE report. Darren Frye with waterstreet consulting recaps today's trade.

The relationship between crude futures and grains pulls back trade as uncertainty continues to hang over the markets. Weather premium helped to lift corn and soybeans late session as more rain across the Corn Belt could start to impact planting and emergence. Cattle are in a pivotal time as the demand for beef must hold to support the upwards trend. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

An announcement from President Trump that an end to the war with Iran could be in sight sends crude oil lower and pulls grains down as well. Corn and soybean planting is still on pace, but weather concerns aren't too far from producers' minds. Combines will roll soon on the US winter wheat crop, and crop tours are showing some extensive yield loss.

Cattle futures dropped to start the week, with some headline news and technical weakness, but bounced Tuesday with renewed optimism and fundamental support. Cash trade is expected to be higher this week, though it's not likely to be as shocking as last week's negotiated trade. Hog futures struggle as demand for pork remains inconsistent. Zach Tindall with Producers Livestock recaps today's trade.

Crude prices rose today in response to escalation in the Middle East conflict, taking the grains markets up as well. Hard winter wheat futures closed unchanged as rain in the forecast competes with a grim outlook on today's crop progress report. Cattle futures stepped back, but the overall picture still looks positive for cattle prices. Mike Castle with Stone X Financial recaps today's trade.

Corn and soybeans finished with modest gains Friday while wheat stabilized following Thursday's selloff. Cattle futures reversed course to close lower but still ended with a strong week. Sue Martin of Ag and Investment recaps the trade.

Global energy markets took center stage today—and the implications may stretch far beyond crude oil. On Channel Final Bell, Mike Zuzolo connects rising geopolitical risk with what it could mean for corn, soybeans, livestock, and input costs in the weeks ahead. Listen to the full conversation now.

As the crop condition ratings for hard red winter wheat continue to worsen, trade is waking up to the reality that recent rains may have been too late. Corn futures were supported by wheat, and new crop levels are nearing $5. Cattle continue to find fundamental support as packers will have to step it up to fill demand ahead of the summer grilling months. Ross Baldwin with John Stewart and Associates recaps today's trade.

Cattle futures started the day higher and continued to rally right into the close with some technical support as we head towards the end of the month. Feeder calf sales across the country continue to set barn records, keeping the stakes high for buyers. Grains were higher today with option expiration and weather concerns, both domestically and globally. Livestock Market Analyst Kyle Bumsted recaps today's trade.

Rains over the weekend could bring some much needed to relief to the wheat crop, while some are wondering if it's too late. The lack of resolution in Iran will lead to continued uncertainty, but for now, the market has turned back to fundamentals. The cyclical cattle cycle would suggest that we've seen the top of the market for now. Don Roose with US Commodities recaps today's trade.

Seventy percent of winter wheat areas are now suffering from some form of drought, which rallied wheat futures. Cattle trade was likely influenced by drought conditions as well, with spring time pastures being in question. Soybeans were lower as the USDA opens up acreage surveys to more US farmers, hoping for higher response numbers for the June update. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

Profit taking and uncertainty led soybean oil to drop today after reaching multi-year highs. World demand for biofuels keeps demand strong, but uncertainty around the war with Iran has speculative funds nervous. Cattle futures were lower once again as future demand for high priced beef remains in question. Arlan Suderman with Stone X Financial recaps today's trade.

Demand for biofuel on a global scale supported soybean oil and the soybean complex in light of higher crude oil prices. Wheat conditions fell once again, but world supply continues to be very large. Cattle futures closed lower, with concerns that we may have seen the top of the market for now. Sam Hudson with Cornbelt Marketing recaps today's trade.

Uncertainty around war negotiations set to happen today and tomorrow once again rise energies and impact grain trade. Kansas City wheat fell late session as traders square up ahead of the crop progress report, where condition ratings are expected to fall again. Cattle futures set back as traders wait to see any fundamental support to take futures back to higher levels. Austin Schroeder with Brugler Marketing & Management recaps today's trade.

With a potential deal with Iran on the horizon, a drop in crude oil pressured grains early on. Corn and soybeans were able to pull ahead just slightly on the close. The cattle market sees some pull back after reaching new highs, cash trade so far is lower ahead of the Cattle on Feed report. Doug Simon with Tredas recaps today's trade.

Concerns about global grain supplies is starting to work premiums into the grains markets. Rebuilding damaged infrastructure will impact prices in the long term. Beef demand could falter headed into summer grilling months. Mike Zuzulo with Global Commodity Analytics recaps today's trade.

Economic money flow benefits American farmer with grain prices today, but higher fuel and fertilizer costs will carry on long after any peace negotiations. Winter wheat conditions worsen as the forecast remains warm and dry for the Southern Plains. Cattle set back after reaching new highs, but Cattle on Feed estimates look to push markets higher again. Arlan Suderman with Stone X Financial recaps today's trade.

The cattle markets closed higher once again as the rally in futures continues. Cash trade for the week is expected to be steady to higher as packers see negative margins. "Sticker shock" may have some feedlots running at lower capacities. Zach Tindall with Producers Livestock recaps today's trade.

Negotiations with Iran failed over the weekend, but analyst says the leverage is gone, and the war should find resolve soon. Soybeans are no longer optimistic about China stepping up for a trade deal in May. Cattle trade is seeing "strange" patterns, as select boxes outpace choice. JJ Lauby with Agrimanagment Systems recaps today's trade.

The war negotiations this weekend and the reopening of the Strait of Hormuz will continue to be the biggest influencers on crude and commodities. Soybeans gained with the rally in soymeal, as domestic demand and exports grow. Cattle markets have producers anxious to take financial risks.