Michelle Rook

Scott Varilek, Kooima Koomia Varilek, says cattle try to recover after a lower day Thursday following lower cash and cutouts. Grains are also trying to recover with some corrective buying.

Naomi Blohm, Total Farm Marketing, says grains held technical support areas on Friday and saw corrective buying. She thinks the recovery can continue.

Producers will soon vote on milk marketing reforms that will raise the price of milk we drink. The USDA recently released a final decision on the amendments for on each of the 11 Federal Milk Marketing Orders.

Ted Seifried, Zaner Ag Hedge, says wheat led the rally in the grains initially on a weaker dollar and adding geopolitical premium.

Brad Kooima, Kooima Kooima Varilek, says live cattle have held chart support so far even with lower cash and cutouts but feeders are the real leaders as funds continue to buy. Grains find strength on wheat's lead and with a lower dollar.

Darin Newsom, Senior Market Analyst with Barchart, says wheat is higher for a third day seeing short covering and adding risk premium with tension escalating in the Black Sea and threats by Russia to use nuclear weapons.

Matt Bennett, AgMarket.Net, says wheat was up for a third day continuing to see short covering by managed money traders and adding war premium. However, corn could not follow with soybeans as an anchor.

Farm CPA Paul Neiffer says the Senate Farm Bill text includes some big differences compared to the House bill especially when it comes to ARC and PLC programs and modernizing reference prices.

DuWayne Bosse of Bolt Marketing says corn and wheat held risk premium tied to the escalating conflict in the Black Sea and despite a higher dollar.

Tomm Pfitzenmaier with Summit Commodity Brokerage says grains are facing the headwind of returning strength in the U.S. dollar index and the lack of weather threats. Soybean oil losses are additionally pulling down soybeans.