Corn in the green this morning. Wednesday, October 16, 2024

December corn is up 2¾¢ this morning.

November soybeans are up 7½¢.

December wheat contracts are mixed. CBOT wheat is up less than a penny. KC wheat is unchanged. Minneapolis wheat is up 2½¢.

This morning USDA announced corn and soybean sales to Mexico and unknown destinations:

• Mexico is buying 1,623,060 metric tons of corn — 1,043,940 metric tons for the 2024/2025 marketing year and 579,120 metric tons for the 2025/2026 marketing year.
• Unknown destinations are buying 332,000 metric tons of corn for the 2024/2025 marketing year.
• Unknown destinations are buying 175,000 metric tons of soybeans for the 2024/2025 marketing year.

December live cattle are up 23¢ this morning. November feeder cattle are down 35¢. December lean hogs are up $1.30.

November crude oil is up 9¢.

The U.S. Dollar Index December contract is up to 103.06.

December S&P 500 futures are down 4 points. December Dow futures are up 27 points.

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Tags: futures, live cattle, feeder cattle, lean hogs, corn, soybeans, wheat