Morning Calls & Comments (11/23)

grain calls
grain calls
(Commodity Update)

Corn: Steady to 1 cent higher.

Soybeans: 4 to 5 cents lower.

Wheat: HRW and SRW wheat 5 to 6 cents lower, spring wheat steady to 1 cent lower.

Cattle: Steady-firm

Hogs: Steady-mixed

SRW wheat futures extended this week’s drop near three-month lows overnight, while soybeans also fell as surging Covid cases in China fueled concern over demand. Corn futures firmed slightly. Malaysian palm oil futures gained 2.5% amid expectations for strong exports, while front-month crude oil was down nearly $3. U.S. stock index futures signal a weaker open, while the U.S. dollar index is down over 300 points.

Grain and livestock markets will trade normal hours today. Markets and government offices are closed on Thursday for Thanksgiving. As a result, there will be no market updates tomorrow. On Friday, markets are open for an abbreviated trading session from 8:30 a.m. to 12:05 p.m. CT.


Latest News

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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.