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GRAINS-Soybeans slip to two-week low, corn also weakens

GRAINS-Soybeans slip to two-week low, corn also weakens
agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.

LIVESTOCK-Cattle futures gain; medium/long term supplies tighten

7/23/2021 CHICAGO, July 23 (Reuters) - CME feeder cattle futures firmed on Friday, bolstered by lower corn and wheat markets that may translate into eased feed costs, traders said. CME live cattle also gained and are expected to firm next week as the trade digests the U.S. Department of Agriculture s monthly cattle on feed report released after the market close, showing fewer than anticipated cattle placed on feed. June cattle on feed placements fell to 93% versus a year prior, the USDA said, missing trade estimates by nearly 3 points. We have a very well-supplied market in the short term, said Rich Nelson, chief strategist at Allendale, Inc. This is

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