Morning Calls & Comments (9/2)

grain calls
grain calls
(Commodity Update)

Corn: 6 to 8¢ higher.

Soybeans: 17 to 19¢ higher.

Wheat: 8 to 12¢ higher.

Cattle: Steady-weaker

Hogs: Steady-weaker

Grain and soybean futures rose overnight, tracking a rebound in equity and crude oil markets ahead of the three-day holiday weekend. Malaysian palm oil futures fell 2.3% and closed near a one-month low as new Covid lockdowns in China fueled demand concerns. Front-month crude oil futures are up around $275. U.S. stock index futures signal a stronger open, while the U.S. dollar index was down around 400 points.

Grain and livestock markets will observe normal trading hours today ahead of the extended holiday weekend. All markets and government offices are closed on Monday, Sept. 5, for Labor Day. As a result, there will be no Pro Farmer market reports and commentary. Grain markets reopen at 7:00 p.m. CT on Sept. 5 for overnight trade, while livestock markets will resume trade at 8:30 a.m. CT Sept. 6.


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.