There are no significant reports out Friday morning, but traders will be watching the latest weather forecast and for any news regarding an agreement to allow grain shipments out of Ukraine. At 2 p.m. CDT, USDA will release its semi-annual cattle inventory report, the on-feed report for July and monthly cold storage report. Beef cow numbers in the inventory report will likely get the most attention.
Weather
A disturbance moving through the Corn Belt will produce some areas of showers and thunderstorms on Friday. Storms will be mostly isolated, but there could be a few patches where storms are stronger or severe. Showers will also occur in the Southeast. Between the two areas, temperatures will be increasing again, with heat and humidity making for some dangerous conditions for both humans and livestock for