Wheat was the big gainer last week but this week it gave up most of those gains. And soyoil was last week’s biggest loser but it rose to the top this week. Lean hogs also staged a major reversal after losing 1.32 percent last week and then rising 4.1 percent this week.  Where there is smoke, there is fire, and after days of rumors about soybean sales to China, USDA announced this morning that a deal had been made.  Corn and soybeans are under harvest pressure but also weather uncertainty in South America. Argentina will grow less corn, but the weather is currently conducive to producing a crop. Brazil remains too dry in the main central growing region, but that could change, and if it improves, the current strength in Ch...

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