The only real market mover on this last trading day of the week was the Fed’s nod to rate cuts. It is still bearish in grains, and the soy complex continued its small rebound despite the prospect of record production. No doubt because of continued strong demand.  It was the second day in a row for new contract lows in both HRW and HRS. There was a new contract low yesterday for SRW but it closed 2-cents above it today. Woohoo! For the trading week, hogs had the biggest gain, and the boost in soyoil helped the rest of the complex. 

The weather remains benign at worst. There will be scattered showers in the Corn Belt early next week, followed by a stronger system later in the week. The Canadian Prairies are spotty, with t...