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With placements in Friday's May 1 USDA Cattle on Feed report anticipated to range anywhere from 96.2% to 108.5%, traders will likely remain on edge until the data is released.
The Justice Department stated in a news release that Bayer agreed to remove potentially anticompetitive provisions from its seed loyalty program. DOJ stated the agreement came as part of the Antitrust Division's investigation into corn and soybean seed markets.
Wildfires driven by extreme drought have burned over 120,000 acres in southwest Kansas, threatening livestock and grazing land. Ranchers, veterinarians and community foundations are coordinating relief efforts.
All eight major fertilizers logged slightly higher prices for the second full week of May 2026 compared to a month earlier. However, no fertilizer had a considerable price increase for the first time in 13 weeks. That takes us back to the first week of February 2026.
