Market Analysis: Matt Bennett




Market to Market - Market Analysis show

Summary: The return of curfews and shutdowns for Main Street businesses to stem COVID-19 spread weighed on the trade. For the week, December wheat dropped a quarter cent while the nearby corn contract added 13 cents. The South American weather report turning wetter tempered some of this week’s soybean rally. The January soybean contract jumped 33 cents. December soybean meal increased $5.60 per ton. March cotton gained $2.56 per hundredweight. In the dairy parlor, December Class III milk futures declined $1.70. A mixed week in the livestock sector. February cattle lost $1.58.