Corn Up 3¢ This Morning. Tuesday, October 22, 2024
December corn is up 3¢ this morning.
November soybeans are up 6¾¢.
Al Kluis, managing director of Kluis Commodity Advisors, said if December corn and November soybeans can close above $4.12 a bushel and $9.95 a bushel, respectively, it could be a sign the fall lows are in for those two crops.
December wheat contracts are unchanged or close to unchanged. CBOT wheat is up less than a penny. KC wheat is down less than a penny. Minneapolis wheat is unchanged.
This morning USDA announced Mexico is buying 359,500 metric tons of corn for the 2024/2025 marketing year.
December live cattle are up $1.10 this morning. January feeder cattle are up 53¢. December lean hogs are up 75¢.
December crude oil is up 86¢.
The U.S. Dollar Index December contract is up to 103.88.
December S&P 500 futures are down 29 points. December Dow futures are down 194 points.
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