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AG Squawk AM 7/21/2026 | Crop Progress, Spring Wheat Shock, And A Cattle Rebound

Published 3 months, 1 week ago
Description

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.

We break down the market drivers that matter before most people finish coffee, from a sharp rebound in live and feeder cattle to the newest crop progress numbers. We also track a mixed U.S. weather setup, a disappointing Tropical Storm Bertha rain story, and tariff news out of Canada that could spill into key agricultural products. 
• Live cattle and feeder cattle bounce higher, lean hogs edge lower 
• 120-hour forecast shows cooler temperatures in parts of the Corn Belt and Central Plains 
• Rain misses in parts of the Upper Midwest while the Ohio Valley looks wetter 
• Tropical Storm Bertha fails to deliver the rain the dry South hoped for 
• USDA crop progress: corn down one point, soybeans up one point 
• Spring wheat ratings drop hard, led by Montana’s sharp decline 
• Canada tariff headline under Section 338 and potential impacts on dairy, barley, and wheat 
• ADP employment change on the day’s economic calendar 
• Teasers for Ag Squawk P.M. and the Fat Tuesday cattle show with Mike Sands 

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Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 



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