Wednesday, March 15, 2023 8:32AM CDT
All eight of the major fertilizers were lower compared to last month with five fertilizers down a sizable amount. DTN designates a significant move as anything 5% or more. Leading the way lower were anhydrous, UAN28 and UAN32.
May corn is up 1 cent, May soybeans are down 1 cent and May KC wheat is down 1/2 cent.
One had to look far into the future to see any positive prices in the livestock complex. The rest of the contracts closed under pressure. Cattle traded the neutrality of the report last Friday, leaving futures struggling. Hogs reacted to lower cash and cutouts on Friday, leaving the market under pressure.