Futures Drop on Midwest Rain Outlook

grain calls
grain calls
(Commodity Update)

Corn: 12 to 15 cents lower.

Soybeans: 15 to 25 cents lower.

Wheat: 2 to 8 cents lower.


Cattle: Steady-weaker

Hogs: Steady-firm

Corn and soybean futures fell to two-week lows overnight on expectations rains forecast for the Midwest will bring relief from recent heat. Wheat futures also declined. Malaysian palm oil futures dropped 5.4%, pressured by a slump of more than $3 in crude oil. U.S. stock index futures signal a firmer open, while the U.S. dollar index is down more than 600 points this morning.


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Today's Market Recap (1.20.23)

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

Improving Argentine Weather Forecasts Weigh on Grain, Soy

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.