Sellers Expected to Drop Offer Prices Due to Limited Demand
Sellers reported limited interest to buy at the start of the week after slow sales last week. According to...
CME grain prices were mixed on Tuesday. March wheat increased by $0.16, closing at $6.25/bu while January soybeans dropped by $0.1225, settling at $13.23/bu. In addition, January soymeal dropped by $2.90 to $410.30/st, but March corn rose by $0.0375 to $4.85/bu. Rising concerns over Brazil's growing conditions have caused an increase in corn prices, while the recent disruption of soybean planting caused a double-digit decline in soybean prices. However, China's gr...
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