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 up 1/4 cent per bushel, January soybeans are up 4 cents, and March KC wheat is down 1/2 cent.
Traders attempt to stabilize livestock markets at the end of the week following active pressure Thursday. Growing concerns of increased COVID-19 cases and the short- and long-term impact on beef and pork demand tipped livestock markets into negative territory for the week.