The May soybean futures chart appears to be forming a bear flag pattern
that typically indicates a downward resolution. However, chart patterns are
certainly not always highly reliable and there are outside market forces
controlling the narrative on grain and soy lately.
FTechnically Speaking
Parts of the country will see above-normal temperatures, while bombing
continues to be active in the Middle East. Tuesday is National Ag Day
celebrations.
BTop 5 Things to Watch
Cattle and calves on feed for the slaughter market in the United States
for feedlots with capacity of 1,000 or more head totaled 11.5 million head on
March 1, 2026. The inventory was slightly below March 1, 2025, USDA NASS
reported on Friday.
:^USDA March 1 Cattle on Feed Report
Wildfires burned more than 820,000 Nebraska Sandhills acres, destroying
grazing land and fencing, leaving thousands of cattle displaced. Communities
and volunteers rallied, donating hay, supplies and financial relief.
BNebraska Wildfires Scorch 820K Acres
A Kansan son returns to the farm to share wheat harvest and family
traditions with the next generation.
@^Family Returns for Wheat Harvest
