Corn starts day up 3¢. Friday, May 19, 2023
Corn opened in the green, currently up 3¢.
Soybeans are up 4¢.
CBOT wheat is up 4¢. KC wheat is up 1⁄2 of a penny. Minneapolis wheat is up 4¢.
“Both stocks and commodities firmed overnight amid encouraging signs of progress in the debt ceiling talks,” says Arlan Suderman, chief commodities economist for StoneX. “There is even chatter that the House of Representatives could vote on an agreement next week, easing concerns on Wall Street.”
Live cattle are up 23¢. Lean hogs are down 35¢. Feeder cattle are down 33¢.
Crude oil is up 48¢.
S&P 500 futures are up 9 points. Dow futures are up 37 points.
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