Wednesday, January 26, 2022 1:59PM CST
Japan-based Marubeni is selling most of its U.S.-based grain business run by Gavilon to Netherlands-based Viterra for $1.125 billion. Marubeni cited challenges owning Gavilon, which had taken significant financial losses during the past several years due to lower commodity prices.
Wednesday, January 26, 2022 12:24PM CST
The findings of a University of Nebraska study published in the Proceedings of the National Academy of Sciences bring into question the role corn genetics play in higher yields.
March corn was down 3/4 cent, March soybeans were up 3 1/2 cents and March KC wheat was down 2 cents.
Wednesday was the day for cattle futures to shine -- not hog futures. Much of the trade in both markets seemed to be technically driven. Cattle needed to bounce and hogs needed to take a breather. Support was not received from cash in either market.