December Corn Starts Day in the Red. Wednesday, October 23, 2024
December corn is down 1½¢ this morning.
November soybeans are down 2¢.
December wheat contracts are also lower. CBOT wheat is down 5¼¢. KC wheat is down 5½¢. Minneapolis wheat is down 4¼¢.
For the third day this week, USDA announced new export sales this morning:
- China is buying 130,000 metric tons of soybeans for the 2024/2025 marketing year.
- Unknown destinations are buying 100,000 metric tons of corn and 259,000 metric tons of soybeans for the 2024/2025 marketing year.
December live cattle are down 33¢ this morning. January feeder cattle are down 60¢. December lean hogs are up 3¢.
December crude oil is down 62¢.
The U.S. Dollar Index December contract is up to 104.28.
December S&P 500 futures are down 22 points. December Dow futures are down 300 points.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Fortior Law – Legal Sponsor of BLACK SEA OIL TRADE-2025
USDA сuts Indonesia’s palm oil export forecast for 2024/25 season
Ukraine may disrupt global wheat market due to reduced EU imports
Asia’s pledge to boost US farm imports could reorient trade flows
Increased wheat harvest forecasts in Russia and lower export prices are increasing...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon