Agriculture News
Grain and soy markets faced heavy pressure from broad risk aversion. Cattle futures were also pressured by that selling, while hogs shook it off to close mostly firmer.
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Grain and soybean futures mildly extended Thursday’s losses in relatively quiet overnight trade.
Diesel prices ease a little but they are still nearly $2 above year-ago.
Grain and soy markets faced price pressure overnight and are trading near session lows this morning.
Wheat basis continues to rebound, but remains much weaker than normal.
Cattle on Feed Report expected to show record March 1 inventory
Corn, soybean and wheat futures held within Tuesday’s price ranges overnight in relatively quiet trade that has markets trading higher and near session highs this morning.