Corn Drops to Lows for the Week

grain calls
grain calls
(Commodity Update)

Corn: 10 - 12 cents lower.

Soybeans: 14 - 15 cents lower.

Wheat: 6 - 14 cents lower.

Cattle: Steady-firmer

Hogs: Steady-mixed

Corn futures fell to lows for the week overnight as grain markets extended a corrective pullback driven by escalating global recession concerns. Soybeans and wheat also fell. Front-month crude oil futures have worked off their overnight lows but are still nearly $1.50 lower and trading at the lowest level in over a week. U.S. stock index futures signal a stronger open, while the U.S. dollar index is modestly higher.


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Today's Market Recap (1.20.23)

Market recaps for corn, soybeans, wheat, cattle & hogs.

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Forecasts of improving weather in Argentina over the next two weeks weighed on the grain and soy complex.

Corn, Soybeans & Wheat Prices Fall; Cattle Mixed

Today's closing prices and market recaps.

Morning Calls & Comments (1.13.23)

Soybeans faced light profit-taking pressure at the end of the overnight session, which is likely to spill over into the start of daytime trade.