Home » Wheat, corn futures fall as weak demand offsets war impactSource: Sosland Publishing Co.
Recap for December 27
- Wheat futures declined Wednesday on ideas export demand for US wheat still was lacking, mostly offsetting higher futures prices Tuesday on increased tension in the Russia-Ukraine war. Fresh export demand also was lacking for US corn and soybeans with markets moving mostly on weather events and forecasts in Brazil. March corn futures lost 3¾¢ to close at $4.76½ per bu. Chicago March wheat fell 13¼¢ to close at $6.23 per bu. Kansas City March wheat dropped 7¾¢ to close at $6.35 per bu. Minneapolis March wheat gave back 7½¢ to close at $7.21¾ per bu. March soybeans gained 1½¢ to close at $13.20½ per bu, but later months were narrowly mixed. March soybean meal was down $2.10 to close at $393.80 per ton. March soybean oil ticked up 0.15¢ to close at 48.66¢ a…
