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.
Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
Join strategic discussions and networking with industry leaders!
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon