Lean hogs are on the rise this morning, lifted by a sharp jump in cash hog values. Live cattle futures may start the day steady to firm, thanks to tight supplies in the Plains. Feeder cattle are getting some tailwind too, with cheaper corn adding support. Meanwhile, soybean traders are watching India closely—buyers there are turning to lower-priced palm oil, and that shift could weigh on global demand for soyoil.
David Ericson with Ag Optimus gives todays Market Wrap Up…