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Grain and livestock markets closed lower on coronavirus fears hitting the global economy. Chicago March wheat fell 11 cents to $5.29, March corn fell 6 cents to $3.64, and live cattle dropped $1.87 to $110.47.
Class III milk also declined to $16.32.
Broad selloff in corn, wheat and milk lowers feed-ingredient prices, though signs of Chinese business resuming offer some offset.
aginfo.netFeb 28, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Broad commodity and livestock selloff with live cattle down $1.87 on coronavirus fears hitting the global economy.
