Corn starts day up 2¢. Thursday, November 30, 2023
March corn is currently up 2¢.
January soybeans are down 4¼¢.
CBOT wheat is up a penny. KC wheat is up 1½¢. Minneapolis wheat is up 2½¢.
This morning USDA released the weekly Export Sales report. Marketing year 2023/2024 corn, soybeans, and wheat sales for the week ending Nov. 23 all exceeded expectations.
- Corn: Net sales of 1,927,800 metric tons (a marketing year high)
- Soybeans: Net sales of 1,895,300 metric tons (up 97% from the previous week)
- Wheat: Net sales of 622,800 metric tons
USDA also announced a new export sale this morning. China is buying 134,000 metric tons of soybeans for delivery during the 2023/2024 marketing year.
Live cattle are down 50¢. Lean hogs are up 50¢. Feeder cattle are down 83¢.
Crude oil is up 95¢.
S&P 500 futures are up 4 points. Dow futures are up 172 points.
Read also
Global butter market expected to decline
Russia revives barter grain trade to circumvent Western sanctions
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Egypt steps up fight against feed counterfeiting to protect farmers, food security
USDA lowers sunseed harvest forecast in Ukraine by 800 thsd tons
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon