Grains In the Red. Tuesday, December 17, 2024
March corn is down less than a penny this morning.
March soybeans are down 6¼¢.
March wheat contracts are also lower. CBOT wheat is down 2½¢. KC wheat is down 3¾¢. Minneapolis wheat is down 3¼¢.
This morning USDA announced new corn and soybean export sales:
- Mexico is buying 170,400 metric tons of corn for the 2024/2025 marketing year;
- Spain is buying 187,000 metric tons of soybeans for the 2024/2025 marketing year;
- Unknown destinations are buying 132,000 metric tons of soybeans for the 2024/2025 marketing year.
February live cattle are up 20¢ this morning. January feeder cattle are up 3¢. February lean hogs are up 33¢.
February crude oil is down $1.06.
The U.S. Dollar Index March contract is up to 106.59.
December S&P 500 futures are down 30 points. December Dow futures are down 280 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
Crop & Price Navigator 2026/27: Black Sea and Danube. Forecast
German cabinet sets 59% GHG quota by 2040, bans double-counting, adds SAF mandate
USDA sharply raises global barley production forecast, putting pressure on prices
War-Risk Premiums (EWRI): Updated Market View
Canada to harvest record canola crop of 21.8 mln tons in 2025
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon