Monday's commodity markets displayed varied performance across grain and livestock sectors. Soybean prices declined while soybean oil gained ground, and livestock futures showed mostly downward movement.
Agricultural commodity markets concluded Monday’s trading session with mixed results across major grain and livestock contracts for February 23, 2026.
In grain markets, March corn futures held steady at $4.27 and 1/2 with no change from the previous session. March soybean contracts experienced downward pressure, closing at $11.34 and 1/4, representing a decline of 3 and 1/4 cents. Soybean meal for March delivery also fell, finishing at $308.70, down $1.10 for the day. However, March soybean oil bucked the trend in the soy complex, gaining 47 points to close at 59.39.
Wheat futures faced selling pressure, with March Chicago wheat contracts dropping 44 cents to settle at $5.69 and 1/2.
Livestock markets predominantly moved lower during Monday’s session. April live cattle futures declined $2.75 to close at $239.25, while March feeder cattle contracts fell more sharply, losing $3.72 to finish at $364.30. April lean hog futures provided the lone bright spot in livestock trading, edging up 2 cents to $93.70.
March Class III milk futures data was incomplete at market close.
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