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Chicago July wheat closed down 6.5 cents at $5.38 and July corn fell 6 cents to $3.99¾. Live cattle for June dropped $1.52½ to $103.22½, while August feeder cattle rose $0.05 to $144.95.
May Class III milk was up a cent at $15.18.
Lower grain and live cattle futures reflect routine market moves with no new supply or demand shock, so near-term feed cost pressure is limited.
aginfo.netMay 30, 2018Not 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.
