Wake Up Call

Despite the acreage changes, beans are expected to hold good support due to the overall decrease in total acreage across all three crops. This supportive report suggests that beans may continue to see short covering. Shifting focus to the cattle market, we discussed the impact of a surprising high placements number from Friday. While the news wasn't overly positive, it wasn't negative either, with a lower show list and slightly higher boxed beef prices.

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