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CBOT grain futures closed mostly lower, with corn posting the largest percentage losses and old-crop soybeans falling below 200-day moving average support. Live cattle rose on strong cash and boxed beef prices, while lean hogs fell to a new 2017 low for April.
Large South American soybean supplies and a 30% larger US corn crop weigh on grain prices, and lower hog futures reduce feeding margins for pork producers.
kyfb.comFeb 23, 2017Not 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.
