Wheat Prices Slump as Markets Open Sharp Downturn
Heavy selling driven by expectations of overdue downward moves led wheat prices to fall early. May and July futures opened lower and slid further, with some export activity later steadier, though overall the market remained unsettled. Corn and oats followed the downbeat trend amid rising visible supply, while livestock sectors showed mixed moves in different regional reports. Kansas City notes reflect softer cattle and hog prices with limited gains in fat lambs and ongoing feed costs.
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