Corn Up 4¢. Friday, November 1, 2024

December corn is up 4½¢ this morning.

January soybeans are up 10¢.

December wheat contracts are also higher. CBOT wheat is up 3¾¢. KC wheat is up 3½¢. Minneapolis wheat is up 2¢.

Earlier this morning USDA announced export sales to multiple destinations:

• China is buying 132,000 metric tons of soybeans for the 2024/2025 marketing year.
• Mexico is buying 781,322 metric tons of corn — 715,800 metric tons for the 2024/2025 marketing year and 65,532 metric tons for the 2025/2026 marketing year.
• Unknown destinations are buying 198,000 metric tons of soybeans for the 2024/2025 marketing year.
• India is buying 30,000 metric tons of soybean oil for the 2024/2025 marketing year.

December live cattle are down 38¢. January feeder cattle are down 15¢. December lean hogs are up 50¢.

December crude oil is up $1.88.

The U.S. Dollar Index December contract is down to 103.79.

December S&P 500 futures are up 37 points. December Dow futures are up 309 points.

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Tags: live cattle, feeder cattle, lean hogs, corn, soybeans, wheat, futures