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Successful Farming Daily, May 8, 2026
Description
Listen to the SF Daily podcast for today, May 8, 2026, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
It has been a volatile trade week, anticipating Tuesday's May world agricultural supply and demand estimates report. Traders expect steady soybean carryout but predict sharp declines in corn and wheat production, influenced by renewed US-Iran tensions. Livestock futures corrected, with cattle sliding on long liquidation, and lean hogs stabilizing despite prices above $100. A weekly export sales report showed 10,005 metric tons of beef sold for 2026, with Japan and Taiwan as major buyers. Wholesale box beef prices were lower, with Choice at $386.94 and Select at $384.42.
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