“If you can work through some of these bigger weights, later on down the road, some of the replacement numbers we saw in there in the springtime and early summer timeframe would end up coming to pass,” says Bennett.
Get your day started with a brief rundown of key news.
Sales of other ag commodities were largely as expected.
Corn and wheat futures posted gains to start the week.
On the other hand, the group commended Trump on repealing the Planning 2.0 Rule.
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
Corn ended the day near its lows, while cattle closed high-range.