Grains Gap Lower

grain calls
grain calls
(Commodity Update)

Corn: 17 to 21 cents lower.

Soybeans: 20 to 27 cents lower.

Wheat: 12 to 18 cents lower.


Cattle: Steady-firmer

Hogs: Steady-mixed

Winter wheat futures fell overnight to the lowest levels in over two months on increasing harvest pressure from U.S. and European crops. Corn and soybean futures gapped lower at the start of overnight trade on prospects for a break in recent heat waves in the Midwest. Malaysian palm oil futures ended little-changed after drooping near a six-month low earlier in the session. Front-month U.S. crude oil futures are up nearly $2.00. U.S. stock futures signal a stronger open, while the U.S. dollar index is down more than 400 points this morning.


Latest News

Grains Try to Recover Midday with Reversal in Outside Markets: Live Cattle Mixed with Bullish Cattle Inventory Expectations

Grains try to recover midday with help from the reversal in outside markets. LC mixed with bullish hopes for the USDA Cattle Inventory Report.  Hogs lower. Scott Varilek of Kooima Kooima Varilek has details.  

Grains Start Higher on Weather Concerns in Argentina and HRW Areas, Then Corn Fails: Cattle Higher with $1 Better Southern Cash Friday

Grains higher early with technical buying and a drier Argentina weather concerns. Cattle higher with $1 higher cash on Friday. Hogs back lower.  Michelle Rook has a quick update.  

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.