Soybean Futures Extend Rally

grain calls
grain calls
(Commodity Update)

Corn: 3 to 5 cents lower.

Soybeans: 1 to 4 cents higher.

Wheat: 1 to 3 cents lower.

Cattle: Steady-firmer

Hogs: Steady-weaker

Soybean futures reached a 2 1/2-month high overnight as the market extended Monday’s rally triggered by USDA’s smaller-than-expected crop estimate. Corn and wheat futures weakened overnight. Malaysian palm oil futures rose nearly 6% behind demand from India, while front-month crude oil futures are down around 50 cents. U.S. stock index futures signal a lower open and the U.S. dollar index is up around 1,000 points.


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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.