The CBOT was mostly higher to start the holiday-shortened trading week with wheat leading the way on short-covering and despite the surging U.S. dollar. Corn followed the wheat market higher with its own support from the strong export program as USDA reported more “flash” export sales Monday. Soybean futures pulled back slightly after their two-day short-covering surge with traders becoming more cautious ahead of the holidays and with Brazil’s currency moves possibly calming down. Cattle futures were mostly sideways after a neutral Cattle on Feed report while hogs dipped on emerging weakness in physical markets. Overall, the day’s trade seemed to follow the expectations of establishing sideways trading patterns ahead of the holiday wee...

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