
Wheat for March delivery rose 9.50 cents to $4.6225 a bushel, May corn gained 3 cents to $3.7325, and May oats rose 3.50 cents to $2.77. Livestock also closed higher, per the brief.
Small gains in corn and wheat reflect routine market moves rather than a new supply development. Feed costs remain near recent levels.
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.
Wheat rallied 9.5 cents on March 15, showing short-covering momentum that carried into the March 18 move.