Soybeans Lower on Prospect for Greater Argentine Supply

grain calls
grain calls
(Commodity Update)

Corn: 6 to 8 cents higher.

Soybeans: 17 to 19 cents higher.

Wheat: 8 to 12 cents higher.

Cattle: Steady-firmer

Hogs: Steady-weaker

Corn and wheat futures were firmer overnight as traders returned from the three-day holiday weekend, while soybeans fell amid prospects for greater supplies from Argentina. Malaysian palm oil futures fell 3% to a six-week closing low on expectations for higher inventories. Front-month crude oil futures are down slightly. U.S. stock index futures signal a stronger open, while the U.S. dollar index is up more than 300 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.