Corn and soy in the red. Friday, September 15, 2023
December corn is currently down by less than a penny.
November soybeans are down 7¢.
CBOT wheat is up 11¼¢. KC wheat is up 5¾¢. Minneapolis wheat is up 4¼¢.
“The bears and bulls are in a tight game of tug of war in the corn and soybean markets right now,” says Jeremy McCann, account manager with Farmer’s Keeper. “It seems as though if we trade up one day we’re coming down the next. This has led to the market trading sideways for the past week and will likely be the case moving forward.
“As always the main stories to watch right now are our export markets and rainfall in the Mississippi River Valley to increase river levels.”
Live cattle are up 3¢. Lean hogs are up 25¢. Feeder cattle are down 10¢.
Crude oil is up 7¢.
S&P 500 futures are down 24 points. Dow futures are down 76 points.
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