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.
Read also
Palm oil prices rise 3.5% amid stronger soybean oil market and growing stocks
World’s largest cocoa producer forecasts 21–25% decline in harvest
Argentina increases wheat exports as Brazil faces a smaller harvest
China raises soybean import estimate to 111.6 mln tons but expects lower purchases...
Ust-Luga overnight incident: Could Baltic grain exports face delays?
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon