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.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Palm oil prices are expected to continue rising after a short-term correction
Georgia reduced wheat imports in April
Brazilian soyabean oil exports jump 47% amid record crop and weak domestic demand
Zimbabwe plans new grain import levies to strengthen food security
Global vegetable oil production to hit record high again – USDA
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon