Pro Farmer MAX
The cattle and hog markets continue to diverge, with cattle showing strength and hogs weakness.
Grains continue to favor a weaker tone, while beans are working to trade higher.
Corn, soybeans and wheat each sustained heavy selling pressure to start the week.
Cattle futures climbed higher today while hogs saw modest selling pressure.
Losses in grains are leading the agricultural complex lower at mid-morning.
Wheat saw relative strength today while most of the grain and soy complex saw weakness.
Cattle futures posted corrective strength today while hog futures continue to undergo persistent selling pressure.