Friday, February 28, 2020 5:17PM CST
With the February crop insurance pricing period wrapping up on Feb. 28, a closer look at seasonal highs and lows for new crop can offer some profitable observations.
May corn is down 1 3/4 cents per bushel, May soybeans are down 12 cents, and May KC wheat is down 3 1/2 cents.
Continued pressure is likely Friday following the technical weakness developing in commodity markets as well as livestock trade. Moderate attempts of price support are expected through the day as traders try to cover short positions at the end of the week and month.