Morning Calls & Comments (1.10.23)

grain calls
grain calls
(Commodity Update)

Corn: Steady to 2 cents lower.

Soybeans: 6 to 12 cents lower.

Wheat: Winter wheat 12 to 18 cents lower; spring wheat 5 to 8 cents lower.

Cattle: Choppy.

Hogs: Choppy/higher.

Heavier selling pressure was seen in grain and soy futures overnight, especially the soybean and winter wheat markets, after disappointing closes on Monday. We expect bears to maintain the strong upper hand during daytime trade. Outside markets are mixed this morning, with front-month crude oil futures modestly firmer and the U.S. dollar index nearly 500 points higher.


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.