Grains and Livestock Markets See Volatility Amid Russia-Ukraine Conflict

DTN Progressive Farmer reported on the latest developments in the grains and livestock futures markets. As of July 29, 2026, December corn is down 5 3/4 cents per bushel, while November soybeans are down 25 3/4 cents. In contrast, September KC wheat is up 6 cents, with September Chicago and Minneapolis wheat also experiencing gains. The Dow Jones Industrial Average has declined by 821.06 points.

The US Dollar Index has risen by 0.050, while September crude oil is up $5.51 per barrel. August gold is down $29.80 per ounce. Analysts point to the Russia-Ukraine conflict as a key factor in the firming of wheat prices due to the slowdown in Black Sea shipments.

The livestock futures market has also seen some movement, with October live cattle up $0.68 at $222.85 and September feeder cattle up $1.25 at $338.475. However, October lean hogs are down $0.28 at $88.