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AgWeb's April 9 market wrap said grains faded after a quiet WASDE, with corn and wheat falling on the report and the ceasefire, while beans rallied on China hopes. Cattle made new high closes that day.
The WASDE showed corn stocks unchanged, wheat stocks up 6.2 MMT globally, and soybean stocks down 0.5 MMT.
The report confirmed bearish global wheat and corn stocks, reinforcing softer feed grain values. Soybean strength on China purchase hopes supports meal prices, while cattle strength supports feed demand from feedlots.
agweb.comApr 9, 2026Not 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.
