Morning Calls & Comments (7/13)

grain calls
grain calls
(Commodity Update)

Corn: 1 to 2 cents lower

Soybeans: 10 to 15 cents lower

Wheat: SRW and HRW 2 to 5 cents higher; HRS steady to 2 cents lower.

Cattle: Steady/firmer

Hogs: Mixed

Two-sided trade was seen in the grain and soy markets overnight, though corn and soybeans ended the session under pressure. Wheat finished overnight trade mixed, with winter wheat contracts mildly firmer amid corrective buying while spring wheat was modestly lower. Outside markets are price-negative this morning. Soybean and soyoil futures were pressured by crude oil futures, which fell to the lowest level since April 11 and the drop in palm oil to the lowest price in more than a year. The U.S. dollar index is up nearly 400 points this morning, pushing to a new 20-year high.


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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.