Corn and soy start day in the red. Thursday, October 17, 2024
December corn is down 3½¢ this morning.
November soybeans are down 7¾¢.
December wheat contracts are mixed. CBOT wheat is down 1¾¢. KC wheat is down less than a penny. Minneapolis wheat is up 2¢.
This morning USDA announced more sales to Mexico and unknown destinations:
- Mexico is buying 197,180 metric tons of corn for the 2024/2025 marketing year.
- Unknown destinations are buying 101,000 metric tons of corn for the 2024/2025 marketing year.
December live cattle are up 30¢ this morning. January feeder cattle are up $1.23. December lean hogs are up 40¢.
December crude oil is down 13¢.
The U.S. Dollar Index December contract is up to 103.65.
December S&P 500 futures are up 32 points. December Dow futures are up 174 points.
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