There are so many conflicting narratives between war and peace, rain and drought, hopes and fears, that it was a mixed day of trading on Friday, and a mixed outcome for the week.  For today, corn suffered its sixth lower day in the past seven trading sessions. There was high volume in soybeans and soymeal, with the latter spiking significantly higher in price. There was a new contract high in cattle. And between the prospects for rain amidst drought and stocks amidst plenty, value continued to be drained out of wheat. On the week:

Cattle saw its fourth straight week higher. Soybeans had a second week of gaining value. Corn had a fourth straight week of weakening. Wheat and hogs all spent their second week losing value.

Weather The r...