Loading…
Chicago March SRW wheat fell 31 cents to $7.56, its lowest settlement since Oct. 21, as technical selling pushed prices under key chart levels.
March corn slipped 4.5 cents to $5.85 3/4 after an early three-week high, and soybeans were mostly lower.
Technical breakdowns and reports of improved Australian crop conditions weighed on feed grain values. Lower wheat and corn prices reduce the cost of energy and grain inputs for feed mills.
profarmer.comPro Farmer EditorsDec 15, 2021profarmer.comPro Farmer EditorsDec 16, 2021Not 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.
