Futures Lower as Dollar Surges

grain calls
grain calls
(Commodity Update)

Corn: 12 to 15 cents lower.

Soybeans: 14 to 18 cents lower.

Wheat: 12 to 18 cents lower.

Cattle: Steady-weaker

Hogs: Steady-mixed

Grain and soybean futures fell overnight as the crude oil dropped to an eight-month low and the U.S. dollar surged to a new 20-year high amid escalating concerns over the global economy. Malaysian palm oil futures fell 2.4% after a leading analyst warned prices would plunge by more than 30% by the end of this year. Front-month crude oil is down nearly $3, falling to just above $80. U.S. stock index futures signal a weaker open and the U.S. dollar index is up more than 800 points.


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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.