Corn down 2¢. Thursday, February 29, 2024
May corn is down 2¼¢.
May soybeans are down 6¾¢.
CBOT wheat is down 3¢. KC wheat is flat. Minneapolis wheat is up less than a penny.
This morning USDA released the weekly Export Sales report. Corn, soybean, and wheat net sales for the week ending Feb. 22 all fell within the expected range:
- Corn: 1,082,300 metric tons for 2023/2024; up 32% from last week and down 5% from the prior four-week average
- Soybeans: 159,700 metric tons for 2023/2024; up from last week and down 30% from the four-week average
- Wheat: 327,300 metric tons for 2023/2024; up 40% from last week and 2% from the four-week average.
Live cattle are down $1.58 this morning. Feeder cattle are down $2.78. Lean hogs are up 30¢.
Crude oil is down 8¢.
S&P 500 futures are up 14 points. Dow futures are down 5 points.
Read also
Argentina’s soybean industry becomes increasingly dependent on imports from ...
Iran increases state wheat purchases to more than 5.5 mln tons
Brazil may restrict feed additives to restore meat exports to the EU
Ukrainian rapeseed becomes key to the European market
Germany to lose 1.4 mln tons of grain due to heatwave
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon