Monday, January 25, 2021 3:18PM CST
Gulf Coast PADD 3 propane/propylene supplies have fallen for over three months amid strong export demand, leaving stocks at their lowest level in over 20 months and contributing to the lowest nationwide stocks in more than eight months.
March corn is down 3 3/4 cents per bushel, March soybeans are up 4 1/2 cents, and March KC wheat is up 1/4 cent.
Following limit moves higher in feeder cattle Friday due to tumbling grain prices traders are faced with mixed market uncertainty following a bearish Cattle on Feed report. With live cattle and feeder cattle enabling expanded trading limits, Monday's livestock markets could be in for a wild ride.