Thursday, December 3, 2020 1:57PM CST
USDA's Economic Research Service on Wednesday updated farm-sector income and expenses, showing stronger overall profit measures for farmers despite declines in cash receipts for livestock producers.
March corn is down 3/4 cent per bushel, January soybeans are up 5 1/4 cents, and March KC wheat is down 3 cents.
Following the midweek bounce higher in live cattle futures trade, the direction of the complex through the end of the week remains less clear. Eroding beef cutout values and mixed cash cattle price moves may keep prices choppy in a moderate price pattern.