Wednesday, March 22, 2023 8:18AM CDT
All eight of the major fertilizers were lower compared to last month with five fertilizers down a considerable amount. DTN designates a significant move as anything 5% or more. Leading the way lower once again was anhydrous, UAN28, UAN32 and potash.
May corn is down 2 cents, May soybeans are down 5 cents and May KC wheat is down 8 cents.
Live cattle futures closed mixed with some bull-spreading activity as traders wait for cash trade. Feeder cattle closed higher in response to lower corn prices. Hogs could not catch a break again Tuesday with futures closing lower after spending some time in positive territory.