Corn and Wheat In the Red. Monday, November 25, 2024
March corn is down 2¼¢ this morning.
January soybeans are up 5¼¢.
March wheat contracts are lower. CBOT wheat is down 8¢. KC wheat is down 7¾¢. Minneapolis wheat is down 4½¢.
This morning, USDA announced Mexico is buying 454,090 metric tons of corn — 364,792 metric tons for the 2024/2025 marketing year and 89,298 metric tons for the 2025/2026 marketing year.
February live cattle are up $1.83 this morning. January feeder cattle are up $4.80. February lean hogs are down 28¢.
January crude oil is down $1.12.
The U.S. Dollar Index December contract is down to 106.71.
December S&P 500 futures are up 45 points. December Dow futures are up 469 points.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
Read also
Black Sea & Danube: Crop and Export Forecast
Ukraine to expand sunflower and rapeseed area while soybeans decline — FAS USDA
Wheat faces biggest weekly drop in eight months on higher inventories
Cargill’s head of world trading departs firm after three decades
Indonesia deploys African weevils to boost palm oil output
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon