
December SRW wheat and HRW wheat hit three-week highs, gaining 8.75 and 10 cents for the week. December soymeal reached a seven-week high, up $13.10 for the week.
Corn fell on Friday as live and feeder cattle futures posted limit-down losses.
Wheat and meal gains reflect the broader grain complex firming, which supports feed costs. Cattle weakness is a bearish signal for feed demand from cattle feeders.
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.
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.
Live and feeder cattle posted limit-down losses on Friday Oct 24, which is inside the window and drove most of the weekly decline.
Soymeal reached a seven-week high on a weekly gain of $13.10 alongside rallies in corn and wheat, which shows broad grain momentum feeding into the 10/27 spike.