Thursday, January 23, 2020 12:17PM CST
The Chinese grain trade is still waiting for instructions on what they'll be expected to buy and how to do it, but experts say getting it done will require a lot more than just cargo ships.
March corn is down 2 1/2 cents per bushel, March soybeans are down 3 1/2 cents, and March KC wheat is down 3 1/4 cents.
Early morning trade is expected to try to bring some stability to the recent pressure seen in all cattle markets Thursday. The aggressiveness of the losses was surprising as traders focused on growing market uncertainty through the upcoming weeks.