Morning Calls & Comments (12/7)

grain calls
grain calls
(Commodity Update)

Corn: Steady to 1 cent lower.

Soybeans: 7 to 9 cents higher.

Wheat: HRW and SRW wheat 5 to 9 cents higher, spring wheat steady to 2 cents higher.

Cattle: Steady-weaker

Hogs: Steady-weaker

Soybean futures extended Tuesday’s gains overnight on strong demand expectations, while wheat climbed behind corrective buying following a drop to 14-month lows. Corn faced light pressure. Malaysian palm oil futures fell 3.1% after the European Union agreed on a new law to prevent companies from selling into its market commodities linked to deforestation. Front-month crude oil was modestly higher. U.S. stock index futures signal a lower open and the U.S. dollar index is down more than 600 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.