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Cattle Futures Soar as Grain Prices Slide

5/10/2025

30 6

Summary

Story summary

Corn and wheat prices declined, while soybeans held steady, supported by a robust bean oil market.
The announcement of a U.S.-U.K. trade deal did not uplift grain markets, leading corn to new lows.
Cattle futures surged to record highs, fueled by strong cash trade and high consumer demand.
Weekly soybean exports were strong at 13.8 million bushels, including a notable sale to Pakistan.

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Story summary

Corn and wheat prices declined, while soybeans held steady, supported by a robust bean oil market.
The announcement of a U.S.-U.K. trade deal did not uplift grain markets, leading corn to new lows.
Cattle futures surged to record highs, fueled by strong cash trade and high consumer demand.
Weekly soybean exports were strong at 13.8 million bushels, including a notable sale to Pakistan.