Minneapolis September wheat futures dropped 48 ¾ cents on the week. New crop corn and soybeans declined 17 and 29 ¾ cents respectively. August Feeder Cattle futures were down $3.60 per hundredweight. The nearby U.S. dollar index, the Dow, S&P, gold and crude oil were the few markets with a slight uptick in values. Advance Trading Risk Management Advisor Tommy Grisafi says this upcoming week will be another action-packed week. “It’s the end of June, the end of Q2 and the USDA stocks and acreage report on Friday.” There isn’t a lot to move the market outside of its sideways pattern. “There’s plenty of supply out there and there’s not a lot of fear in the markets.” Watch RRFN’s Don Wick and Grisafi discuss markets, policy and more.
