Corn, Bean Prices Headed in Opposite Directions

Posted on 03/09/2017 10:23 AM
Corn futures had a sharp negative reaction to USDA's Prospective Plantings Report, which resulted in new contract lows. With the market reeling amid prospects for way more supplies than previously expected, it's likely going to take a weather event for the market to embark on a sustained price recovery. Soybean futures extended gains f...