Corn and wheat in the green. Tuesday, May 23, 2023
Corn is currently up 2¢.
Soybeans are down 12¢.
CBOT wheat is up 8¢. KC wheat is up 21¢. Minneapolis wheat is up 16¢.
USDA’s latest Crop Progress report confirmed corn and soybean planting are still ahead of the five-year average.
Arlan Suderman, chief commodities economist for StoneX, says this usually means more acres will be planted, particularly for corn.
Live cattle are down 5¢. Lean hogs are down 85¢. Feeder cattle are down 68¢.
Crude oil is up $1.32.
S&P 500 futures are down 11 points. Dow futures are down 69 points.
Read also
Demand for Ukrainian corn remains low, despite the fact that the quota for duty-fr...
Global tractor sales rise 18% driven by record demand in India
Flag on Kinburn Spit opens new prospects for Mykolaiv port
Italy expands rapeseed acreage and develops organic production segment
Morocco’s push for domestic wheat faces quality issues and harvest delays
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon