Market Analysis: Tomm Pfitzenmaier & Matt Bennett




Market to Market - Market Analysis show

Summary: The commodity markets were pressured lower as coronavirus fears were combined with South American weather reports and the cancellation of some Chinese purchases. For the week, May wheat lost a dime and the nearby corn contract dove 10 cents. The May soybean contract plummeted 43 cents. May soybean meal lost $5.60 per ton. May cotton fell $2.30 per hundredweight. Over in the dairy parlor, April Class III milk futures lost 7 cents. The livestock sector was limit down in the final session.