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 5 cents, May soybeans are up 4 cents and May KC wheat is up 8 cents.
Cattle found some support due to the selling of futures subsiding. Live cattle futures now carry a discount to cash, which stopped the selling tide Thursday. Hogs fell completely apart, suffering heavy losses on what seemed to be technical selling magnified by stops being triggered.