In this article, your editors break down today's USDA report data and highlight the information most important to farmers.
Corn ended around a penny lower, with soybeans marginally higher. Winter wheat ended weaker. Live cattle ended mostly weaker, with feeders and lean hogs mixed.
Corn is marginally lower, with soybean and wheat futures 1 to 2 cents lower. Livestock futures favoring a firmer tone.
Corn closed mostly 3 cents lower, with soybeans 5 to 6 cents lower and wheat 4 to 8 cents lower. Cattle ended limit lower, with hogs slightly lower in most contracts.
Corn, soybean and wheat futures are under pressure to start the week. Cattle are sharply to limit lower and hogs are mixed.
USDA's Feb. 9 Supply & Demand Report should be a yawner. But the price reaction to the report and price action the rest of the month is important to farmers. Here's why...
Corn and soybean futures soften after firmer start, with wheat leading losses. Cattle have also softened, with hogs holding onto gains.
Corn and soybeans struggled to find buyer interest, while wheat benefited from short-covering. Livestock futures were firmer.
Grain and soy complex futures higher despite negative outside markets. Live cattle are mixed and hogs are lower.
Corn ended mostly 1 cents lower, with soybeans down 2 cents and wheat 3 to 5 cents lower. Livestock futures favored a firmer tone in mixed trade.
As of Wednesday, February 10
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