World Perspectives

Livestock Recent Livestock Analysis

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Extends Losses; Corn, Soyoil Strengthen; Hogs Rally on ASF News

The CBOT was mostly lower in low-volume, pre-holiday trade. Monday is a holiday in the U.S. and the CBOT/CME (and WPI’s offices) will be closed. Notable developments for the day were the turnaround in corn and soyoil futures, which were juxtaposed against the continued technical weakness...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.9625/bushel, up $0.0875 from yesterday's close.  Mar 22 Wheat closed at $7.415/bushel, down $0.0525 from yesterday's close.  Mar 22 Soybeans closed at $13.6975/bushel, down $0.075 from yesterday's close.  Mar 22 Soymeal closed at $405.6/short ton, down $3...

feed-grains soy-oilseeds wheat

Market Commentary: Definitively Lower

The market opened lower for grains and oilseeds and for most contracts that was the consistent direction of the day. The bearish tone of yesterday’s WASDE coupled with significant rain relief coming for South America prompted a shedding of the weather premium that had been building. ...

livestock

Livestock Round-Up: WASDE Livestock Outlook

Last week we noted the impact of Omicron on slaughter rates; as of today, cattle slaughter is up about 1 percent, hog slaughter is down about 3.5 percent, both compared to the same period last week. Both are down considerably from last year, however. Cattle slaughter is running 3.7 percent belo...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.875/bushel, down $0.115 from yesterday's close.  Mar 22 Wheat closed at $7.4675/bushel, down $0.11 from yesterday's close.  Mar 22 Soybeans closed at $13.7725/bushel, down $0.22 from yesterday's close.  Mar 22 Soymeal closed at $408.9/short ton, down $7.3...

feed-grains soy-oilseeds wheat

Market Commentary: WASDE Cuts S. American Crops, Raises U.S. Carry-Out; Report Whipsaws Soybeans

Today’s CBOT trade was all about the WASDE with markets trading quietly lower before the report’s noon ET release. The report, while mostly in-line with expectations, elicited a swift, selloff reaction from the markets after its release, as the USDA increased ending stocks for all t...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.99/bushel, down $0.02 from yesterday's close.  Mar 22 Wheat closed at $7.5775/bushel, down $0.125 from yesterday's close.  Mar 22 Soybeans closed at $13.9925/bushel, up $0.1275 from yesterday's close.  Mar 22 Soymeal closed at $416.2/short ton, up $3.1 fr...

feed-grains soy-oilseeds livestock

China In-Country Analysis

Macroeconomics Food Inflation Reverses Course, Falls in December With pork prices continuing to remain well below their averages from a year ago, food costs on aggregate fell by 1.2 percent in December. That reverses course from November when food inflation climbed by 1.6 percent, the first upt...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Firmer Heading into WASDE; Cattle Rally from Technical Support

The CBOT turned higher on the last day of pre-WASDE trading as continued short covering in wheat and a bullish response to CONAB’s new production data drove the markets. Funds are long corn and soybeans heading into the USDA’s January WASDE report tomorrow and have been actively cov...

livestock

Fake Pork Trade; Humoring Russia

Fake Pork Trade USTR Katherine Tai announced that bilateral negotiations had resulted in India opening its market to imports of U.S. pork. This past year, Americans bought on average $21 apiece worth of food from India. By contrast, U.S. agricultural exports to India totaled the equivalent of $...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.01/bushel, up $0.0125 from yesterday's close.  Mar 22 Wheat closed at $7.7025/bushel, up $0.0825 from yesterday's close.  Mar 22 Soybeans closed at $13.865/bushel, up $0.0175 from yesterday's close.  Mar 22 Soymeal closed at $413.1/short ton, down $3.2 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Spreads Reversed Ahead of WASDE; Livestock Futures Sharply Lower

CBTO trade on Monday was all about positioning for Wednesday’s WASDE report from USDA. Traders took out some of the weather premium that was bid into soybean and corn futures while they unwound long soy/corn versus wheat spreads. Position squaring and spread trade was dominant today with...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.9975/bushel, down $0.07 from yesterday's close.  Mar 22 Wheat closed at $7.62/bushel, up $0.035 from yesterday's close.  Mar 22 Soybeans closed at $13.8475/bushel, down $0.255 from yesterday's close.  Mar 22 Soymeal closed at $416.3/short ton, down $8.7 f...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Soymeal Rally on Technical and Index Fund Buying; Wheat Posts Chart Reversal

The CBOT turned higher heading into the weekend with soybeans and soymeal posting big rallies near mid-day. Soybeans and soymeal pushed above technical resistance and uncovered a wealth of buy-stops that carried the markets higher into the close. Market chatter suggests index funds started thei...

feed-grains livestock soy-oilseeds

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Market Commentary: Topsy Turvey

Corn and cattle opened down but settled up; soyoil opened up but closed down with the rest of the complex; and wheat never saw the light of day. The rationale for the doldrums at the open was news of a March increase in the Federal Funds rate. That would reduce liquidity and inflation, starving...

livestock

Livestock Round-Up: Dealing with the Omicron Effect

The increased number of cases of the Omicron variant of COVID has been weighing somewhat on the cattle markets this past week. There is general chatter about higher levels of absenteeism due to Omicron, which has slowed down plant through-put.   Slaughter today was down about 4,000 he...

feed-grains wheat soy-oilseeds

Summary of Futures

Mar 22 Corn closed at $6.0375/bushel, up $0.015 from yesterday's close.  Mar 22 Wheat closed at $7.46/bushel, down $0.1475 from yesterday's close.  Mar 22 Soybeans closed at $13.8725/bushel, down $0.075 from yesterday's close.  Mar 22 Soymeal closed at $411/short ton, down $2.4 f...

feed-grains soy-oilseeds livestock

China In-Country Analysis

Livestock Major Live Hog Companies Target Increased Capacity in 2022 Even with live hog prices down year-on-year by 54.8 percent and the corn-hog ratio in the dumpster, China’s “Pork Concept Companies” are pursuing market dominance. According to the latest corporate announceme...

feed-grains soy-oilseeds wheat

Market Commentary: March Soybeans Falter at $14.00; Corn, Wheat Lower Amid Fund Selling

The CBOT traded a mixed day with wheat and corn futures posting losses on moderate fund selling and buyers’ more cautious approach amid increased volatility. The soy complex, however, posted another day of strong gains with soyoil becoming the upside leader on a technically bullish day. S...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.0225/bushel, down $0.0725 from yesterday's close.  Mar 22 Wheat closed at $7.6075/bushel, down $0.0925 from yesterday's close.  Mar 22 Soybeans closed at $13.9475/bushel, up $0.05 from yesterday's close.  Mar 22 Soymeal closed at $413.4/short ton, down $1...

livestock

Dissecting Beef

The Biden Administration is charging the meat packing industry with exploitation for elevated beef prices. Beef is certainly not the only industry with rising prices over the past year. In fact, beef inflation looks relatively modest next to the price spikes that have occurred in energy and tra...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.095/bushel, up $0.2025 from yesterday's close.  Mar 22 Wheat closed at $7.7/bushel, up $0.12 from yesterday's close.  Mar 22 Soybeans closed at $13.8975/bushel, up $0.3425 from yesterday's close.  Mar 22 Soymeal closed at $414.7/short ton, up $3.4 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: Boisterous Day

The second trading day of the new year started modestly enough. Corn and soybeans were up a nickel, soymeal was in the hole. Then with a burst of volume corn quickly moved into double digit gains with soybeans subsequently bumped much higher. Wheat was more moderate with SRW even turning negati...

livestock

Biden’s Beef to Nowhere; Irrepressible COOL

Biden’s Beef to Nowhere In 2005, members of the Alaska Congressional delegation tried to add funding equivalent in today’s inflation-adjusted dollars to $566 million. The purpose of the money was to build a bridge to an island with just 50 full-time residents ($11.32 million/person)...

feed-grains soy-oilseeds wheat

Market Swing Leans Bullish

Berry Marttin at Rabobank notes that agricultural commodity prices have risen 28 percent over the past year and are 40 percent above pre-pandemic levels. Low stocks, ongoing production concerns, expensive inputs and strong consumer demand means that prices are not going to meaningfully decline...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Rally on Brazil Yield Risk; Corn, Wheat Lower on Technical Selling

The CBOT started the week on a strong note with continued drought forecast across South America offering support Sunday night. March soybeans ended the overnight session up 8¾ cents after trading as much as 22 cents higher while corn futures firmed 4¼ cents heading into the mornin...

livestock

Biden Plan to Downsize “Big Meat”

The Biden Administration today held a roundtable to discuss the details of its Action Plan for a Fairer, More Competitive, and More Resilient Meat and Poultry Supply Chain. Snow in the DC area and Andrews Air Force Base delayed President Biden’s arrival – perhaps a metaphor for broa...

soy-oilseeds feed-grains wheat

Summary of Futures

Mar 22 Corn closed at $5.8925/bushel, down $0.04 from yesterday's close.  Mar 22 Wheat closed at $7.58/bushel, down $0.1275 from yesterday's close.  Mar 22 Soybeans closed at $13.555/bushel, up $0.1625 from yesterday's close.  Mar 22 Soymeal closed at $411.3/short ton, up $12.2 f...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.9325/bushel, down $0.0275 from yesterday's close.  Mar 22 Wheat closed at $7.7075/bushel, down $0.09 from yesterday's close.  Mar 22 Soybeans closed at $13.3925/bushel, up $0.0075 from yesterday's close.  Mar 22 Soymeal closed at $399.1/short ton, down $4...

feed-grains soy-oilseeds wheat

Low Volume, High Interest

Today’s trading went as expected with a low volume of business but that does not obviate the high interest in agricultural commodities as we move into 2022. Some would even say to ignore today’s session since relevance requires higher amounts of liquidity. Corn and soybean trading w...

feed-grains soy-oilseeds wheat

Market Commentary: Profit Taking, Brazil Rains Weigh on CBOT

The CBOT came under pressure Thursday from a combination of end-of-year profit taking and rains that are pushing into southern Brazil. Traders were eager to book profits in ag commodities after their Christmas-time rally with only two trading days left in the year. Commodities have been excelle...

livestock

An Early Look at Red Meat’s Future

At the end of the year, thoughts are turning to the future – not just 2022, but the longer term as well. USDA released its preliminary long-term outlook in November, and the final will be out in February at the Outlook conference. The European Commission has already released their long-te...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.96/bushel, down $0.095 from yesterday's close.  Mar 22 Wheat closed at $7.7975/bushel, down $0.08 from yesterday's close.  Mar 22 Soybeans closed at $13.385/bushel, down $0.3025 from yesterday's close.  Mar 22 Soymeal closed at $403.7/short ton, down $4.5...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.0475/bushel, down $0.1 from yesterday's close.  Mar 22 Wheat closed at $7.835/bushel, down $0.205 from yesterday's close.  Mar 22 Soybeans closed at $13.68/bushel, down $0.035 from yesterday's close.  Mar 22 Soymeal closed at $409.1/short ton, up $0.8 fro...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Extends Losses; Corn, Soyoil Strengthen; Hogs Rally on ASF News

The CBOT was mostly lower in low-volume, pre-holiday trade. Monday is a holiday in the U.S. and the CBOT/CME (and WPI’s offices) will be closed. Notable developments for the day were the turnaround in corn and soyoil futures, which were juxtaposed against the continued technical weakness...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.9625/bushel, up $0.0875 from yesterday's close.  Mar 22 Wheat closed at $7.415/bushel, down $0.0525 from yesterday's close.  Mar 22 Soybeans closed at $13.6975/bushel, down $0.075 from yesterday's close.  Mar 22 Soymeal closed at $405.6/short ton, down $3...

feed-grains soy-oilseeds wheat

Market Commentary: Definitively Lower

The market opened lower for grains and oilseeds and for most contracts that was the consistent direction of the day. The bearish tone of yesterday’s WASDE coupled with significant rain relief coming for South America prompted a shedding of the weather premium that had been building. ...

livestock

Livestock Round-Up: WASDE Livestock Outlook

Last week we noted the impact of Omicron on slaughter rates; as of today, cattle slaughter is up about 1 percent, hog slaughter is down about 3.5 percent, both compared to the same period last week. Both are down considerably from last year, however. Cattle slaughter is running 3.7 percent belo...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.875/bushel, down $0.115 from yesterday's close.  Mar 22 Wheat closed at $7.4675/bushel, down $0.11 from yesterday's close.  Mar 22 Soybeans closed at $13.7725/bushel, down $0.22 from yesterday's close.  Mar 22 Soymeal closed at $408.9/short ton, down $7.3...

feed-grains soy-oilseeds wheat

Market Commentary: WASDE Cuts S. American Crops, Raises U.S. Carry-Out; Report Whipsaws Soybeans

Today’s CBOT trade was all about the WASDE with markets trading quietly lower before the report’s noon ET release. The report, while mostly in-line with expectations, elicited a swift, selloff reaction from the markets after its release, as the USDA increased ending stocks for all t...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.99/bushel, down $0.02 from yesterday's close.  Mar 22 Wheat closed at $7.5775/bushel, down $0.125 from yesterday's close.  Mar 22 Soybeans closed at $13.9925/bushel, up $0.1275 from yesterday's close.  Mar 22 Soymeal closed at $416.2/short ton, up $3.1 fr...

feed-grains soy-oilseeds livestock

China In-Country Analysis

Macroeconomics Food Inflation Reverses Course, Falls in December With pork prices continuing to remain well below their averages from a year ago, food costs on aggregate fell by 1.2 percent in December. That reverses course from November when food inflation climbed by 1.6 percent, the first upt...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Firmer Heading into WASDE; Cattle Rally from Technical Support

The CBOT turned higher on the last day of pre-WASDE trading as continued short covering in wheat and a bullish response to CONAB’s new production data drove the markets. Funds are long corn and soybeans heading into the USDA’s January WASDE report tomorrow and have been actively cov...

livestock

Fake Pork Trade; Humoring Russia

Fake Pork Trade USTR Katherine Tai announced that bilateral negotiations had resulted in India opening its market to imports of U.S. pork. This past year, Americans bought on average $21 apiece worth of food from India. By contrast, U.S. agricultural exports to India totaled the equivalent of $...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.01/bushel, up $0.0125 from yesterday's close.  Mar 22 Wheat closed at $7.7025/bushel, up $0.0825 from yesterday's close.  Mar 22 Soybeans closed at $13.865/bushel, up $0.0175 from yesterday's close.  Mar 22 Soymeal closed at $413.1/short ton, down $3.2 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Spreads Reversed Ahead of WASDE; Livestock Futures Sharply Lower

CBTO trade on Monday was all about positioning for Wednesday’s WASDE report from USDA. Traders took out some of the weather premium that was bid into soybean and corn futures while they unwound long soy/corn versus wheat spreads. Position squaring and spread trade was dominant today with...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.9975/bushel, down $0.07 from yesterday's close.  Mar 22 Wheat closed at $7.62/bushel, up $0.035 from yesterday's close.  Mar 22 Soybeans closed at $13.8475/bushel, down $0.255 from yesterday's close.  Mar 22 Soymeal closed at $416.3/short ton, down $8.7 f...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Soymeal Rally on Technical and Index Fund Buying; Wheat Posts Chart Reversal

The CBOT turned higher heading into the weekend with soybeans and soymeal posting big rallies near mid-day. Soybeans and soymeal pushed above technical resistance and uncovered a wealth of buy-stops that carried the markets higher into the close. Market chatter suggests index funds started thei...

feed-grains livestock soy-oilseeds

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Market Commentary: Topsy Turvey

Corn and cattle opened down but settled up; soyoil opened up but closed down with the rest of the complex; and wheat never saw the light of day. The rationale for the doldrums at the open was news of a March increase in the Federal Funds rate. That would reduce liquidity and inflation, starving...

livestock

Livestock Round-Up: Dealing with the Omicron Effect

The increased number of cases of the Omicron variant of COVID has been weighing somewhat on the cattle markets this past week. There is general chatter about higher levels of absenteeism due to Omicron, which has slowed down plant through-put.   Slaughter today was down about 4,000 he...

feed-grains wheat soy-oilseeds

Summary of Futures

Mar 22 Corn closed at $6.0375/bushel, up $0.015 from yesterday's close.  Mar 22 Wheat closed at $7.46/bushel, down $0.1475 from yesterday's close.  Mar 22 Soybeans closed at $13.8725/bushel, down $0.075 from yesterday's close.  Mar 22 Soymeal closed at $411/short ton, down $2.4 f...

feed-grains soy-oilseeds livestock

China In-Country Analysis

Livestock Major Live Hog Companies Target Increased Capacity in 2022 Even with live hog prices down year-on-year by 54.8 percent and the corn-hog ratio in the dumpster, China’s “Pork Concept Companies” are pursuing market dominance. According to the latest corporate announceme...

feed-grains soy-oilseeds wheat

Market Commentary: March Soybeans Falter at $14.00; Corn, Wheat Lower Amid Fund Selling

The CBOT traded a mixed day with wheat and corn futures posting losses on moderate fund selling and buyers’ more cautious approach amid increased volatility. The soy complex, however, posted another day of strong gains with soyoil becoming the upside leader on a technically bullish day. S...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.0225/bushel, down $0.0725 from yesterday's close.  Mar 22 Wheat closed at $7.6075/bushel, down $0.0925 from yesterday's close.  Mar 22 Soybeans closed at $13.9475/bushel, up $0.05 from yesterday's close.  Mar 22 Soymeal closed at $413.4/short ton, down $1...

livestock

Dissecting Beef

The Biden Administration is charging the meat packing industry with exploitation for elevated beef prices. Beef is certainly not the only industry with rising prices over the past year. In fact, beef inflation looks relatively modest next to the price spikes that have occurred in energy and tra...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.095/bushel, up $0.2025 from yesterday's close.  Mar 22 Wheat closed at $7.7/bushel, up $0.12 from yesterday's close.  Mar 22 Soybeans closed at $13.8975/bushel, up $0.3425 from yesterday's close.  Mar 22 Soymeal closed at $414.7/short ton, up $3.4 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: Boisterous Day

The second trading day of the new year started modestly enough. Corn and soybeans were up a nickel, soymeal was in the hole. Then with a burst of volume corn quickly moved into double digit gains with soybeans subsequently bumped much higher. Wheat was more moderate with SRW even turning negati...

livestock

Biden’s Beef to Nowhere; Irrepressible COOL

Biden’s Beef to Nowhere In 2005, members of the Alaska Congressional delegation tried to add funding equivalent in today’s inflation-adjusted dollars to $566 million. The purpose of the money was to build a bridge to an island with just 50 full-time residents ($11.32 million/person)...

feed-grains soy-oilseeds wheat

Market Swing Leans Bullish

Berry Marttin at Rabobank notes that agricultural commodity prices have risen 28 percent over the past year and are 40 percent above pre-pandemic levels. Low stocks, ongoing production concerns, expensive inputs and strong consumer demand means that prices are not going to meaningfully decline...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Rally on Brazil Yield Risk; Corn, Wheat Lower on Technical Selling

The CBOT started the week on a strong note with continued drought forecast across South America offering support Sunday night. March soybeans ended the overnight session up 8¾ cents after trading as much as 22 cents higher while corn futures firmed 4¼ cents heading into the mornin...

livestock

Biden Plan to Downsize “Big Meat”

The Biden Administration today held a roundtable to discuss the details of its Action Plan for a Fairer, More Competitive, and More Resilient Meat and Poultry Supply Chain. Snow in the DC area and Andrews Air Force Base delayed President Biden’s arrival – perhaps a metaphor for broa...

soy-oilseeds feed-grains wheat

Summary of Futures

Mar 22 Corn closed at $5.8925/bushel, down $0.04 from yesterday's close.  Mar 22 Wheat closed at $7.58/bushel, down $0.1275 from yesterday's close.  Mar 22 Soybeans closed at $13.555/bushel, up $0.1625 from yesterday's close.  Mar 22 Soymeal closed at $411.3/short ton, up $12.2 f...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.9325/bushel, down $0.0275 from yesterday's close.  Mar 22 Wheat closed at $7.7075/bushel, down $0.09 from yesterday's close.  Mar 22 Soybeans closed at $13.3925/bushel, up $0.0075 from yesterday's close.  Mar 22 Soymeal closed at $399.1/short ton, down $4...

feed-grains soy-oilseeds wheat

Low Volume, High Interest

Today’s trading went as expected with a low volume of business but that does not obviate the high interest in agricultural commodities as we move into 2022. Some would even say to ignore today’s session since relevance requires higher amounts of liquidity. Corn and soybean trading w...

feed-grains soy-oilseeds wheat

Market Commentary: Profit Taking, Brazil Rains Weigh on CBOT

The CBOT came under pressure Thursday from a combination of end-of-year profit taking and rains that are pushing into southern Brazil. Traders were eager to book profits in ag commodities after their Christmas-time rally with only two trading days left in the year. Commodities have been excelle...

livestock

An Early Look at Red Meat’s Future

At the end of the year, thoughts are turning to the future – not just 2022, but the longer term as well. USDA released its preliminary long-term outlook in November, and the final will be out in February at the Outlook conference. The European Commission has already released their long-te...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $5.96/bushel, down $0.095 from yesterday's close.  Mar 22 Wheat closed at $7.7975/bushel, down $0.08 from yesterday's close.  Mar 22 Soybeans closed at $13.385/bushel, down $0.3025 from yesterday's close.  Mar 22 Soymeal closed at $403.7/short ton, down $4.5...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.0475/bushel, down $0.1 from yesterday's close.  Mar 22 Wheat closed at $7.835/bushel, down $0.205 from yesterday's close.  Mar 22 Soybeans closed at $13.68/bushel, down $0.035 from yesterday's close.  Mar 22 Soymeal closed at $409.1/short ton, up $0.8 fro...

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