After the biggest cattle boom in 50 years, grains and feed are finally fighting back.
Agriculture has been a tale of two markets recently.
On the one hand, grains - the backbone of the post-pandemic commodity boom - have been in a deep bear market since 2022, giving back much of their post-COVID gains.
We haven’t spent much time talking about soft commodities lately. That’s because the big trends in recent months have been elsewhere in areas like metals, where the momentum has been cleaner and the trends more persistent.
