The ICE Dec and Mar contracts gave back 160 and 87 points on the week, respectively, as last week’s inversion between the two contracts gave way to partial carry. Well,
DTN Grain Close: Corn, Wheat Lower With Benign Weather
Corn and wheat prices finished lower Tuesday with favorable growing weather across the Corn Belt and throughout most major wheat regions around the world exerting bearish pressure on prices. Soybeans closed higher with old-crop supplies tight and traders eager to see USDA’s next WASDE report, due out at 11 a.m. CDT on Wednesday.