GRAINS:
Another week of high crop ratings for corn, soybeans and wheat resulted in lower prices of all three again on Tuesday. December corn closed down 7 1/4 cents, November soybeans were down 18 1/4 cents and the September contracts of all three wheats ended with single-digit losses.
September corn closed down 7 1/2 cents and December corn was down 7 1/4 cents. August soybeans closed down 27 1/2 cents and November soybeans were down 18 1/4 cents. September KC wheat closed down 3 1/4 cents, September Chicago wheat was down 7 cents and September Minneapolis wheat was down 7 cents.
LIVESTOCK:
The livestock complex finished higher after spending the bulk of the session in red, with very uneven trade as the market simply cannot gain significant support from traders at this point. Even though boxed beef prices and pork cutout values are higher, traders remain extremely cautious when handling the livestock market.
