Tuesday, June 15, 2021 11:47AM CDT
U.S. Agriculture Secretary Tom Vilsack announced additional aid to agricultural producers and businesses as part of the USDA Pandemic Assistance for Producers initiative. Among the details, the funds will go to biofuel producers, livestock producers left out of earlier relief programs and grants to processors to help pay for protective gear for workers.
July corn is up 3/4 cent per bushel, July soybeans are up 10 1/4 cents, and July KC wheat is down 11 cents.
Cattle and hogs again moved in opposite directions Monday. Cattle were the beneficiaries of lower grain prices; hogs struggled under lower cash and lower cutouts. Cattle futures broke through technical price resistance while hogs broke below support.