Wednesday, August 4, 2021 11:13AM CDT
Potash and phosphate fertilizers continue to show the largest price gains compared to last month, while the average retail price of UAN fertilizers declined slightly for just the second time since January.
December corn is down 2 1/2 cents per bushel, November soybeans are up 2 3/4 cents, and September KC wheat is up 1/2 cent.
The livestock complex extended gains Tuesday, but those gains stemmed from the optimism of traders and not from underlying cash. Futures were low enough to entice traders to step in on the anticipation of the trend turning back up.