Corn and wheat in the green. Friday, February 9, 2024
March corn is up 3¾¢.
March soybeans are down 4¢.
CBOT wheat is up 13¾¢. KC wheat is up 8¼¢. Minneapolis wheat is up 7¾¢.
“Grain and oilseed futures were mixed overnight, with corn and soybeans remaining under light pressure from weak export demand, generally favorable South American weather, and USDA’s surprisingly small cut to its Brazil soybean crop estimate yesterday,” said The Brock Report before the 8:30 a.m. CST market open.
Live cattle are down 5¢. Feeder cattle are down 10¢. Lean hogs are up $1.70.
Crude oil is up 99¢.
S&P 500 futures are up 9 points. Dow futures are down 53 points.
Outside of the U.S., milling wheat is up on the European MATIF trade. Corn and No. 2 soybeans are down on the Dalian trade while No. 1 soybeans are up.
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