Ag Markets Split as Grains Firm, Cattle Stabilize and Cotton Slides After Oil Shock

Overview

• - Corn ticked higher then held steady after USDA reported a 196,000 metric ton sale to unknown destinations and weekly inspections of 1.858 million tons, with Mexico the top outlet.
• - Soybeans rebounded early Tuesday before flattening, as weekly inspections rose to 1.138 million tons led by China and StoneX trimmed Brazil’s crop estimate to 177.8 million tons.
• - Wheat steadied after Monday’s pullback, with USDA inspections at 344,272 tons and traders still digesting a Saudi purchase of 794,000 tons alongside the sharp managed‑money short reduction in CBT wheat.
• - Live cattle bounced modestly Tuesday after last week’s five‑week lows, with boxed beef climbing and recent cash trade reported around $244 in the South and $239–$243 in the North.
• - Crude oil’s rally following reported U.S./Israel strikes on Iran continued to lend spillover support to grains and oilseeds, while cotton extended losses on stronger dollar and China‑related uncertainty.