Monday, August 2, 2021 12:22PM CDT
Former Senate Agriculture Committee Chairman Pat Roberts, R-Kan., spoke Monday to participants in the Ag Media Summit about some key issues he sees in agriculture. He talked about his concerns over regulatory changes in packers and cattle markets.
December corn is down 1 3/4 cents per bushel, November soybeans are down 7 cents, and September KC wheat is up 13 1/2 cents.
Live cattle futures were able to manage a slightly higher close last week, but the same could not be said for feeder cattle and hogs. Packers may not be willing to increase bids early in the week until they see early demand and the direction of futures.