Markets Desk · 3 AM Update

Good afternoon from Markets Desk. On the floor today, wheat futures hit limit-up after the USDA released fresh production updates, with Chicago soft red winter contracts surging as much as forty five cents in the July delivery, while Kansas City hard red winter also rallied sharply. Meanwhile, lean hog futures posted broad losses of seventy five cents to one eighty across most contracts, though May edged up a nickel, as the CME Lean Hog Index slipped another thirty eight cents. In tech, Nvidia CEO Jensen Huang is joining President Trump's China trip this week, following a direct call from Trump to the chipmaker executive, a move that shifts the geopolitical landscape for semiconductor trade. That's the tape. Markets Desk, signing off the floor.