This morning corn is down 6¢ while soybeans are down 12¢. CBOT wheat is down 7¢. KC and Minneapolis wheat are down 6¢. Naomi Blohm, senior market advisor with Total Farm Marketing, says the current uncertainty around the global banking system is impacting markets, including grains.
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Al Kluis, managing director of Kluis Commodity Advisors, says the cold weather pattern and large snow pack in the northern corn belt will become a positive market factor this spring as hope is gone for early planting. Live cattle are currently down 8¢. Lean hogs are down $1.83. Feeder cattle are up 30¢. Crude oil is down 85¢. S&P 500 futures are up 17 points. Dow futures are up 352 points. Outside of the U.S., milling wheat is down on ...