Grain and lean hog futures markets started 2006 weak, while live and feeder cattle futures surged. Technical selling in corn and soybean markets led to lower prices, with corn hitting a contract low. Corn futures remain in a sideways range, impacted by U.S. export demand. China’s purchases of U.S. soybeans have not boosted prices. Wheat futures face supply and weather challenges. Peace talks between Russia and Ukraine affect wheat trading. Cattle futures saw gains, while hog futures struggled due to cash market weakness. Email Jim Wyckoff for more insights.

Read more at Yahoo Finance: What to Watch, and Why Grains and Hogs Are Down