Corn starting day up 6¢. Tuesday, January 24, 2023
Corn is currently up 6¢ and soybeans are up 13¢.
CBOT wheat is up 8¢. KC wheat is up 13¢. Minneapolis wheat is up 9¢.
Live cattle are down 15¢. Lean hogs are up 68¢. Feeder cattle are down 55¢.
This morning, USDA announced 130,000 metric tons of corn is being exported to unknown destinations for the 2022/2023 marketing year.
Crude oil is currently down 5¢.
The U.S. Dollar Index is at 101.9.
S&P 500 futures are down 20 points. Dow futures are down 171 points.
Outside of the U.S., milling wheat is up on the MATIF trade. Corn is down and No. 1 soybeans are up on the Dalian trade.
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Zelenskyy proposes using foreign vessels to export Ukrainian and Russian grain
India has lifted the ban on wheat exports
Tunisia has purchased 25,000 tonnes of corn through an international tender
Happy Independence Day, Ukraine!
The world’s breadbaskets are facing weather-related and logistical challenges
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