In what has been an intense week of market activity, Friday’s action was at once modest but demonstrative of the volatile path ahead. 

Volume was constrained, except in soyoil and SRW, two contracts that closed higher today and for the week. 

The cattle market continued its march higher with new highs for both live and feeder contracts.

Wheat has now bottomed out and corn cannot seem to break a bottom that fundamentals imply s due.

It is a dry finish to dry North American growing season, and many believe that this week’s WASDE report was not the final word on its impacts.

For the week, soyoil is back in the winner’s circle for the largest gains, while its sibling, soymeal, took the larg...