A big runup on the Chicago Board of Trade on Tuesday with double-digit gains in the corn, bean, and wheat market. AgriVisor market analyst Karl Setzer says trade was reacting to supply and demand estimates and final production reports.
Front-month contracts in corn were up 25 cents Tuesday with the March bean contract up 47-and-a-half cents and March wheat trade ended the day up 30-and-a-quarter cents.