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Kentucky Farm Bureau closing report shows CBOT corn, soybeans, wheat and soymeal closing sharply higher on July 26, 2022, with August soymeal hitting a contract high at $472/ton. Live and feeder cattle closed lower on sharp corn gains and weaker cash trade.
Hot, dry Corn Belt forecasts and falling crop condition ratings support grain and meal prices, raising feed costs for buyers. Higher corn prices weigh on feeder cattle margins.
kyfb.comJul 26, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
On July 26 CBOT soymeal closed sharply higher, with August meal at a contract high of $472, a major contributing day inside the window.
CBOT soybeans and soymeal closed sharply higher on July 26, with soymeal at a contract high, confirming the momentum.
