Market Analysis: Elaine Kub




Market to Market - Market Analysis show

Summary: To say the commodity markets took it on the chin this week would be an understatement. The Coronavirus and good harvest weather ran the bulls out of LaSalle Street. For the week, March wheat dropped 20 cents and the nearby corn contract lost 6 cents. The Wuhan Coronavirus combined with reports of good weather in Brazil slashed the March soybean contract by 30 cents. March meal fell $7.30 per ton. Cotton dropped $1.90 per hundredweight. Over in the dairy parlor, March Class III milk futures declined 42 cents.