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Grains closed weaker on February 23 after late-session selling, with May SRW wheat down 6 1/2 cents to $5.73 3/4 and May corn up only 1/2 cent. May soybeans fell 3 1/2 cents while soybean oil hit a contract high.
Cattle futures fell, with April live cattle down $2.75 to $239.25.
Late-session profit-taking reflects routine price action rather than a new supply factor. Weaker dollar and firmer crude provided limited support for grains, which feed buyers can view as market noise.
profarmer.comPro Farmer EditorsFeb 23, 2026Not 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.
