---
title: 5/29/26 Weekly Market Recap — Texas Hedge
description: "Corn:  Lower on the week. July corn closed at $4.46 ¾  down several cents.. Pressure came from favorable U.S. planting weather and weakness in crude oil. New Crop December closed at $4.74 ¾ .   Soybeans : Mixed to slightly softer overall. July soybeans closed at $11.86 ¾ . Soybean meal was"
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---

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Market Recap

# 5/29/26 Weekly Market Recap

![Brynna Haschke](https://7528315.fs1.hubspotusercontent-na1.net/hub/7528315/hubfs/raw_assets/public/mV0_d-cms-elevate-theme_hubspot/elevate/images/avatar-placeholder.jpg?width=48&height=48&name=avatar-placeholder.jpg)

 Brynna Haschke

May 29, 2026

**Corn:** Lower on the week. July corn closed at $4.46 ¾  down several cents.. Pressure came from favorable U.S. planting weather and weakness in crude oil. New Crop December closed at $4.74 ¾ .

**Soybeans**: Mixed to slightly softer overall. July soybeans closed at $11.86 ¾ . Soybean meal was weaker, while oil provided some support. The November contract closed at $11.90 ¼ .

**KC Wheat**: July KC wheat closed at $6.49 ¾  down from the beginning of the week. The whole wheat complex faced selling on improved crop ratings and lack of fresh demand news. The December new crop closed at $6.77.

**Cotton**: July cotton closed the week at $76.15. It showed sensitivity to energy moves and global demand signals.

**Live Cattle**: Mixed but held relatively firm in spots. August contracts saw some big  moves lower, closing at $239.05. Cash trade remained relatively high.

**Feeder Cattle**: Weaker on the week. August feeders closed at $348.425. Technical selling and boxed beef dynamics affected prices.

**Crude Oil**: Highly volatile. July WTI crude swung through the week on geopolitical news around the U.S.-Iran developments and eventually closed at $87.76.

**S&P 500**: Positive for the week, extending a strong streak of all time highs. It closed at 7590.50.

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