Morning Calls & Comments (10/3)

grain calls
grain calls
(Commodity Update)

Corn: 8 to 9 cents higher.

Soybeans: 2 to 4 cents higher.

Wheat: 10 to 15 cents higher.


Cattle: Steady-mixed

Hogs: Steady-weaker

Wheat futures rose near three-month highs overnight as the market extended Friday’s rally triggered by USDA’s unexpectedly low U.S. crop estimate. Corn and soybeans also rose amid heightened Russia tensions. Malaysian palm oil futures rose 0.4%, a third straight daily gain after plunging 18% in September. Front-month crude oil futures are nearly $4 higher on reports OPEC+ is considering an output cut. U.S. stock index futures signal a firmer open and the U.S. dollar index is up about 150 points.


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.