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.
Read also
Palm oil prices are expected to continue rising after a short-term correction
Georgia reduced wheat imports in April
Brazilian soyabean oil exports jump 47% amid record crop and weak domestic demand
Zimbabwe plans new grain import levies to strengthen food security
Global vegetable oil production to hit record high again – USDA
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon