The CBOT and CME markets were mostly lower to end the holiday-shortened week with favorable weather forecasts for Brazil pressuring the grains and oilseeds complex while cash market weakness sent livestock futures tumbling. Trading volume was above-average for most markets compared to most post-Thanksgiving trading sessions and the heavy-volume selling in livestock futures was a testament to the increasingly bearish market mentality and panic selling. Funds were net sellers across the board for the day but were most active in the soy complex and livestock futures. The day’s action indicates the markets are very likely to open on the defensive next week – unless Brazil’s weather turns noticeably drier over the weekend &ndas...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, North America, South America