Wheat starting day down 11¢. Monday, March 6, 2023

This morning corn is down 2¢ and soybeans are up 5¢.

CBOT wheat is down 11¢. KC wheat is down 12¢. Minneapolis wheat is down 6¢.

Nick Tsiolis, founder of Farmer’s Keeper, says optimism surrounding an extension of the Black Sea grain deal is bringing prices down today.

He adds, wheat is leading the charge as a big crop is expected from Russia.

Live cattle are up 20¢. Lean hogs are down 83¢. Feeder cattle are up $1.73.

Crude oil is down 56¢.

S&P 500 futures are up 12 points. Dow futures are up 41 points.

Tags: corn, soybeans, wheat, live cattle, feeder cattle, lean hogs