There were no major surprises in USDA's February Supply & Demand Report. But the report data reminded traders there's too much supply and not enough demand for grains and soybeans.
Pro Farmer's Chip Flory discusses the struggles wheat producers are facing.
Corn is around 1 cent lower, with soybeans 7 to 8 cents lower and wheat firmer. Livestock futures are firmer this morning.
Market Rally Radio host Chip Flory recaps the conversation with Angie Setzer on corn and bean basis and advises growers to know their cost of production per-acre when considering selling opportunities.
As of Sunday, February 14
Feels Like 7°