Corn and Wheat In the Red. Monday, November 25, 2024

Source:  Successful Farming

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 sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.

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